Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
When a u.s. company purchases $1 million worth of french cheese, the value of that transaction is recorded in the Current account.
Option D is correct.
Current account:
The current account represents a country's imports and exports of goods and services, payments to foreign investors, and remittances such as foreign aid credit cards. His checking account has been heavily debited. A country's current account balance is the difference in the value of its exports and imports over a period of time.
What are the advantages of a checking account?
His one of the most important features of a current account is the fact that it does not accrue interest. The money in the checking account is made available to the account holder whenever they need it, and to compensate for this extra liquidity provided by the bank, the checking account is free of interest.
Learn more about current account:
brainly.com/question/29796923
#SPJ1
We appreciate your time. Please come back anytime for the latest information and answers to your questions. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.
