With reference to Balance of Payments, which of the following statements is correct?
(1) Current account monitors the flow of funds from goods and services.
(2) Capital account monitors the flow of international capital transactions.
Select the correct answer from the options given below:
A. Only (1)
B. Only (2)
C. Both (1) and (2)
D. Neither (1) nor (2)
Answer: Option C
This Question Belongs to Commerce >> Miscellaneous In Commerce
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