Difference between current account and capital account of bop
Answers
Answered by
5
The balance of payments of a country contains two accounts:current and capital. The current account records exports and imports of goods and services as well as unilateral transfers, whereas the capital accountrecords purchase and sale transactions of foreign assets and liabilities during a particular year.
Similar questions
English,
7 months ago
Computer Science,
7 months ago
English,
7 months ago
English,
1 year ago
Math,
1 year ago