The term capital account in international trade includes? I.foreign investment II.long-term lending III. short-term lending…

Commerce WAEC 1990

The term capital account in international trade includes?
I.foreign investment
II.long-term lending
III. short-term lending
IV.foreign exchange reserve
V.short-term borrowing.

  • I & II only checkmark
  • III & V only
  • II, III & IV only
  • I, III & IV only
  • II, IV & V only

The correct answer is: A

Explanation

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