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What accounts are included in the Balance of Payments (BoP)?
  • a)
    The current account and the financial account
  • b)
    The capital account and the financial account
  • c)
    The current account and the capital account
  • d)
    The trade balance and the financial account
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
What accounts are included in the Balance of Payments (BoP)?a)The curr...
The Balance of Payments (BoP) includes the current account, which records trade in goods, trade in services, and transfer payments, and the capital account, which records international purchases and sales of assets.
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