Primary income and secondary income form parts of the current account in the balance of payments. Which option correctly names an example of primary income and an example of secondary income?
- Asecondary income: government transfers; primary income: income from profits earned abroad
- Bsecondary income: dividends earned on foreign shares; primary income: income from profits earned abroad
- Csecondary income: government transfers; primary income: income from profits earned abroad
- Dsecondary income: income from profits earned abroad; primary income: workers’ remittances