Which of the following statements about the components of the balance of payments is correct?
- AThe current account consists of transactions in goods, services, investment income and remittances between countries.
- BThe current account consists of transactions in goods, services, and portfolio investment between countries.
- CThe financial account consists of transactions in financial assets, investment income and remittances between countries.
- DThe financial account consists of transactions in fixed assets, investment income and the balancing item between countries.