2 years ago

Explain the difference between the current account and the capital and financial account in the balance of payments.

1 answer:

5 0

Answer:

The current account, the capital account, and the financial account make up a country's BOP. A financial account measures the increases or decreases in international ownership assets that a country is associated with, while the capital account measures the capital expenditures and overall income of a country.

Explanation:

In shorter words "copy and paste"

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