The current account of balance of payments includes
Unilateral payments
Portfolio investments
Short term borrowings
Long term borrowings
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The balance of payments (BOP) is the place where countries record their monetary transactions with the rest of the world. Examining the current account balance (CAB) of a country's BOP can provide a good idea of its economic activity. It includes activity around a country's industries, capital market, services, and the money entering the country from other governments or through remittances.
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