Search
Info
Warning
Danger
/ Homework Answers / Accounting / I just confused about many terms about Balance of Payment

Question

I just confused about many terms about Balance of Payment and different kinds of statistics.

So I want to confirms that;

Current Account + Capital Account = Financial Account = Net lending and borrowing of a country = Net financial transactions + financial derivatives.

Is that true ? And if so, please explain again why this equation is true?

Solution
5 (1 Ratings )

Solved
Accounting 18 Hours Ago 42 Views
This Question has Been Answered!
Premium Content -

Unlimited Access

Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Better Grades!

Ask an Expert

Our Experts can answer your tough homework and study questions
124306 Accounting Questions Answered!
Post a Question