Business Studies, asked by Anonymous, 8 months ago

what is capital account .
answer in brief for class 9 volume 1

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Answered by singhamanpratap0249

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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