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15-12-2022
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which of the following will increase in a nation's current account? i. an increase in foreign aid payments to other nations ii. an increase in foreign interest paid to domestic bond holders iii. an increase in student aid paid by the nation's government

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tutorconsortium271 tutorconsortium271

21-12-2022

A country's current account would increase if international entities given to national debtholders rises.

The Current Account: What Is It?

The bank account keeps track of a country's interactions with both the center of the world during a certain time period, like a year or quarter, including its net commerce in products and services, net returns on foreign assets, and net government subsidies.

What is a current account's advantage?

A bank account is crucial for any firm to have in order to manage their everyday volume with simplicity. The transaction data limit for a checking account is unlimited, and it also offers free NEFT/RTGS/IMPS transfers, online payments, and a debt instrument.

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