Which of the following pairs is not correctly matched with regard to balance of payment accounts?

Question

TuteeHUB · Accepted Answer

NA

TuteeHUB · Answer

Import of goods and services – Debit in the current account

TuteeHUB · Answer

Receipts of transfer payments – Credit in the current account

TuteeHUB · Answer

Direct investment receipt – Credit in the capital account

TuteeHUB · Answer

Portfolio investment payments – Debit in the current account

1.	Which of the following pairs is not correctly matched with regard to balance of payment accounts?
A.	Import of goods and services – Debit in the current account
B.	Receipts of transfer payments – Credit in the current account
C.	Direct investment receipt – Credit in the capital account
D.	Portfolio investment payments – Debit in the current account
Answer» E.

Discussion