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sladkih [1.3K]
2 years ago
9

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

Social Studies
1 answer:
natta225 [31]2 years ago
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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3 years ago
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Read 2 more answers
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