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Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsOpen Economy Macroeconomics1 Mark
Question
Define capital account of BoP.
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Answer

Capital Account of Bop, records the sources and uses of foreign exchange, on account of transactions representing changes in foreign financial assets and foreign financial liabilities.

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