Capital account records capital transfer such as loans and investment between one country and the rest of the world which causes a change in the asset or liability status of the residents of a country or its government.
Under which circumstances, the purchasing power of foreign currency increases in comparison to domestic currency?
Answers
MR.JAGDEESH
Capital account records capital transfer such as loans and investment between one country and the rest of the world which causes a change in the asset or liability status of the residents of a country or its government.