The ________ is divided into two major accounts, the current account and the capital account.

Question

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The balance of payments is divided into two major accounts, the current account (which includes trade in goods and services plus unilateral transfers) and the capital account (which includes capital flows such as foreign investment and loans). GDP is a measure of a country's economic output, the national debt is the amount of money a government owes, and the trade deficit is a situation where a country imports more than it exports.

The ________ Is Divided into Two Major Accounts, the Current