The Current Account Records _____

The current account records _____

A) last year's flows of funds into and out of the country.
B) the current flows of imports and exports of goods and services, net income earned by residents from foreign assets, and net transfer payments.
C) all the foreign direct investment received by a country in a year.
D) the purchases of financial assets, such as stocks and bonds, by the residents of a country in a year.
E) the purchases of all real assets, such as land and housing, by the citizens of a country in a year.

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