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Introduction to Ledger

Which of the ...

Question

Which of the following items will not be included in the balance of the invisible current account?

[0.80 marks]

A

Services

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B

Unilateral transfers

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C

Flow of income

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D

Imports of crude oil

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Solution

The correct option is D Imports of crude oil
Balance of the invisible current account includes inflows on account of services and outflows on account of services.

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