The three components of a country's balance of payments are? - SchoolNGR

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The three components of a country's balance of payments are?

The three components of a country's balance of payments are?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Current account, capital account and monetary movement account
B Capital account, trade account and business record
C Sales account, profit and loss account and capital account
D Monetary movement account, trade account and sales ledger

Correct Answer: Option A

Explanation:
TheÂ three componentsÂ of theÂ balance of paymentsÂ are the current account, financial account, and capital account.

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