Question

Difference between current account and capital account in bop

Answer 1

the current it and capital account are two components nation's balance of payment.

the current account is the difference between a country's saving and investment. A country's record the net change of asset and and liabilities during a certain period of time

Answer 2

The current and capital accounts are two components of a nation's balance of payments. The current account is the difference between a country's savings and investments. A country'scapital account records the net change of assets and liabilities during a certain period of time.

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