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Difference between capital account and current …

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Difference between capital account and current account

Posted by Navneet Kaur 7 years, 9 months ago

CBSE > Class 12 > Economics

1 answers

Shishank Gupta 7 years, 9 months ago

Current account transactions affect the current income level of the country Capital account transaction affect the capital stock of the country Current account includes exports\imports of goods, services, unilateral payment, or investment income Capital account includes sales\purchases of assets, and borrowing\lending

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