Current Account Is Given by the Equation

Multiple Choice

Current account is given by the equation:

A) CA = IM - EX (measured in terms of domestic output) .
B) CA = IM - EX (measured in terms of foreign output) .
C) CA = EX - IM (measured in terms of domestic output) .
D) CA = EX - IM (measured in terms of foreign output) .
E) CA = EX + IM (measured in terms of domestic output) .