Transaction number 1 : interest paid by a country b’s corporation on a bond owned by a country a’s bank amount = $1’000 transaction number 2 : interest paid by country a’s government on a treasury bills owned by country c’s government amount = $2’000 transaction number 3 : country a imports of coffee from country b amount = $3’000 transaction number 4 : country a’s citizen donation to a non-governmental-organization located in country a amount = $4’000 transaction number 5 : country a’s sale of country c’s government bonds amount = $5’000 transaction number 6 : country b’s export of raw materials to country c amount = $6’000 which transactions belong to country a’s current accounts? selected 3 and 5 3, 4, and 5 1, 2, 3, 4, 5 1, 2, 3

1,2,3

Explanation:

A current account is that account which includes the exports, imports, net income come from abroad, receipts and payments,  net current transfers, etc.  

The exports - imports is called the balance of trade

In mathematically,  

Exports - imports = balance of trade

According to the above meaning, the following transactions would be considered as a current account

1: Interest paid by a Country B’s corporation on a bond owned by a Country A’s bank Amount = $1’000

2: Interest paid by Country A’s government on a treasury bill owned by Country C’s government Amount = $2’000  

3: Country A imports of coffee from Country B Amount = $3’000

These transactions would be considered as a current account. Other ones should be ignored

answer; depth;

answer; balance sheets;