Balance of Payments | One shot | Chapter 12 | Macro economics | Class 12

Balance of Payments | One shot | Chapter 12 | Macro economics | Class 12

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[vsfn]

Current a/c and cap a/c diff
( I C C )

1. Influence on economy
Cap : change in cap stock of a country
Current : change in level of a country's income

2. Concept
Cap : stock
Current : flow

3. Components