What are the major components of the balance of payments (BoP)? Why does the BoP always balances?

The balance of payments (BoP) is a crucial economic indicator that provides insights into a country's international transactions and financial relationships with the rest of the world. It is a record of all economic transactions between the residents of a country and the residents of foreign countries over a specific period, typically a year. The BoP is divided into three major components: the current account, the capital account, and the financial account. The BoP is designed to always balance due to an underlying accounting principle.

1. Current Account: The current account is one of the primary components of the BoP and reflects the country's trade in goods and services, as well as unilateral transfers. It is divided into four main _______ _______ ___ _________ ______ ________ ____ _____.
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