Which of the following is not included in the Capital Account of the Balance of Payments of a country?

  1. A. Foreign Direct Investment
  2. B. Commercial Borrowing
  3. C. Invisibles
  4. D. External Assistance

Correct Answer: C. Invisibles

Explanation

Invisibles, which cover services, transfers, and income, are included in the Current Account, not the Capital Account of the Balance of Payments.

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