Country A imports gold worth USD 100 million for commercial purposes...

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Examveda

Country A imports gold worth USD 100 million for commercial purposes. The transaction will affect

A. Current account only

B. Capital account only

C. Official reserves account only

D. Both current account and capital account

Answer: Option D

Country A imports gold worth USD 100 million for commercial purposes. The transaction will affect both current account and capital account.

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