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Question Practice

What is the primary function of the Capital Account in the Balance of Payments?

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MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Open Economy Macroeconomics
Question Bank

What is the primary function o...

Single Answer MCQ
Q-00089190

What is the primary function of the Capital Account in the Balance of Payments?

1

To record capital transfers and acquisition of foreign assets

2

To document international trade transactions

3

To provide data on currency exchange rates

4

To reflect foreign aid received by the country

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