Economy, asked by RedSystem, 2 days ago

Write Current account and Capital account balance of payment with examples. ​

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Answered by preethi981309
0

The capital account includes international transfers of ownership. An example is a purchase of a foreign trademark by a U.S. company. A similar example is a U.S. oil company's acquisition of drilling rights to an overseas location. ... When it does, it goes into the capital account.

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