144k views
2 votes
"The​ ________ includes all international economic transactions with income or payment flows occurring within the year."

User Digital
by
4.7k points

1 Answer

0 votes

Answer:

Current account

Step-by-step explanation:

The current account is the account that involves all the transactions deals in an economic way and have international transactions. This shows the income generated and the flows of payment arise within the year or for the present period.

It could be in terms of trading of goods, trading of services, income, present transfers

Therefore the given situation represent the current account

User Wnrph
by
4.4k points