Describe one component of the balance of paymen... - SS1 Commerce Balance of trade and balance of payment. Question
Describe one component of the balance of payments other than the current account or the capital account.
One component of the balance of payments is the financial account, which tracks changes in ownership of financial assets and liabilities, including foreign direct investment, portfolio investment, and changes in reserve assets held by the central bank.
Please share this, thanks:
Add your answer
No responses