The capital account includes payments for imports and exports of goods and services, incomes flowing into and out of the country, and net transfers of money.

Question

Quizplus · Accepted Answer

The capital account mainly records transactions involving the purchase and sale of foreign assets and liabilities, such as real estate or stocks and bonds, rather than trade in goods and services or income flows, which are recorded in the current account.

The Capital Account Includes Payments for Imports and Exports of Goods