Current Account and Capital Account of Balance of Payments

Question

14 Aug 2021

Answer :

Word Count : 316

In economics, a country's current account records the value of exports and imports of both goods and services and international transfers of capital. It is one of the three components of its balance of payments, the others being the capital account and the financial account. Current account measures the nation's earnings and spendings abroad and it consists of the balance ____ _____ ___ ___ ____ ___ ______ ____.
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