Germany, which is among the world’s most powerful trading nations, recorded a current account surplus in the balance of payments in 2021–2022. Which income flow would not have been counted in Germany’s current account calculation?
- ADeclining sales of German cars for export overseas.
- BFalling earnings of foreign exchange from visitors to Germany.
- CIncreasing transfers of aid to less developed countries.
- DInvestment in a natural gas pipeline link to its main foreign supplier.