The "balance of payments" is a record of all economic transactions between the residents of a country and the rest of the world. It is divided into the current and capital accounts. Current accounts include all of the following except:

The "balance of payments" is a record of all economic transactions between the residents of a country and the rest of the world. It is divided into the current and capital accounts. Current accounts include all of the following except:



A) balance on goods.
B) portfolio investments.
C) balance on services.
D) goods imports.
E) goods exports.


Answer: portfolio investments


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