Question
Current account and capital account of Balance of Payments.
Answer :
Word Count : 392
| Aspect | Current Account | Capital Account |
|---|---|---|
| Definition | The current account is a record of a country's transactions with the rest of the world in goods, services, income, and unilateral transfers. | The capital account is a record of a country's capital transactions, including imports and exports of financial assets and liabilities. |
| Components | Includes: | Includes: |
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