BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Current Account-portion of the balance of payments statement that shows a record of all merchandise exports, imports, and services, plus unilateral transfer of funds.

Detailed explanation-2: -The of the balance-of-payments statement is most likely to record all merchandise exports, imports, and services plus unilateral transfers of funds.

Detailed explanation-3: -The balance of payments summarises the economic transactions of an economy with the rest of the world. These transactions include exports and imports of goods, services and financial assets, along with transfer payments (like foreign aid).

Detailed explanation-4: -Outflows from a country are recorded as debits in the BOP. For example, say Japan exports 100 cars to the U.S. Japan books the export of the 100 cars as a debit in the BOP, while the U.S. books the imports as a credit in the BOP.