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Economics › Trade

Economics › Trade

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With reference to Balance of Payments, which of the following constitutes/constitute the Current Account?
1. Balance of trade
2. Foreign assets
3. Balance of invisibles
4. Special Drawing Rights
Select the correct answer using the code given below:

Options

(a)

1 only

(b)

2 and 3 only

(c)

1 and 3 only

(d)

1, 2 and 4 only

Answer

(C)