Business Studies, asked by jani9366, 11 months ago

Why must capital account and current account be balance?

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Answered by agrubaughejps
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Answer:

The current account represents a country's net income over a period of time, while the capital account records the net change of assets and liabilities during a particular year. ... The sum of the current account and capital account reflected in the balance of payments will always be zero.

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Answered by sammythomas7512
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Explanation:

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