QUESTION IMAGE
Question
4 the ______ is made up of the balance of trade, interest and dividend payments across borders and transfers, including charitable donations and foreign aid capital account balance of accounts international monetary balances current account
The current account in international economics encompasses the balance of trade (exports minus imports of goods and services), income from foreign investments (interest and dividend payments), and unilateral transfers (like charitable donations and foreign aid). The capital account mainly deals with capital transfers and acquisition/disposal of non - produced, non - financial assets. The balance of accounts is a more general and less specific term. International monetary balances is not the standard term for this specific composition.
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D. current account