what is capital account ?
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Explanation:
Capital Account records all international undertakings of assets. On the other hand, sale of assets like sale of the share of an Indian company to a Japanese customer is a credit on the capital account.
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Answer:
In macroeconomics and international finance , the capital account is one of two primary components of the balance of payments , the other being the current account. whereas the current account reflects a nation's net income , the capital account reflects net change in ownership of national assets.
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