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Which of the following items is recorded in the current account of a country's balance of payments?

2585Medium DSSSB TGT Computer Science 0 replies 2 views

AForeign direct investment made in the country
BLoans taken from the International Monetary Fund
CExport of software services
DPurchase of foreign bonds by residents

Correct answer: C

Explanation

The current account records trade in goods and services, income and transfers, whereas investments, loans and purchases of financial assets are recorded in the capital and financial account.

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