Question

Capital account balance is a ___ balance. 1 point​

Answer 1

Answer:

The capital account, on a national level, represents the balance of payments for a country.

Answer 2

The account balance is a payment balance.

• On a national level, this account indicates a country's overall balance of payments.
• It is also referred to as owner's equity.
• The account also records the overall change in a nation's economic assets and liabilities over a given year.
• Through this, it is easy to ascertain if a nation is a considerable importer or exporter of capital based as per the account balance.

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