DMPQ: Define following term ( Eco) a) Current account b) Capital account c) Balance of payment d) Trade balance
Current account: Current account refers to the account maintained by every government of the world in which every kind of transaction is shown, this account is maintained by the central banking body. Current transactions of an economy in foreign currency all over the world- export, import, interest payments, foreign investments in share. Capital account: … Read more DMPQ: Define following term ( Eco) a) Current account b) Capital account c) Balance of payment d) Trade balance