Which of the following transactions would be included in the…

Source: JAMB · 2023

Which of the following transactions would be included in the current account of the balance of payments?

  1. A foreign direct investment in a local company.
  2. A loan taken from a foreign bank.
  3. The purchase of goods from abroad. ✓
  4. The sale of a domestic asset to a foreign investor.

Was this explanation helpful?

Something wrong or missing? Tell us — we read every report and fix issues fast.