Capital account balance is a_______balance
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Explanation:
The current account represents a country's net income over a period of time, while the capital account records the net change of assets and liabilities during a particular year. ... The sum of the current account and capital account reflected in the balance of payments will always be zero.
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Explanation:
The capital account, on a national level, represents the balance of payments for a country. The capital account keeps track of the net change in a nation's assets and liabilities during a year.
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