Which of the following best describes the main components of the financial account of the balance of payments?
Trade in goods and services, primary income, and secondary income.
Transactions involving foreign direct investment, portfolio investment, and reserve assets.
Government tax revenues, public sector spending, and transfer payments.
International migration flows, remittances, and capital gains tax receipts.
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.