Economy, asked by abcwlsn, 8 months ago

Autonomous capital flows are...

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Answered by vaishnavikalbhor3636

2

Answer:

Autonomous transactions are independent of the state of BOP account. For example, if a foreign company is making investments in India with the aim of earning profit, then such a transaction is independent of the country's BOP situation. Autonomous transactions take place on both current and capital accounts

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