Answer-Under the Balance of Payments (BoP) accounting framework, which of the following combinations correc...

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Answer-Under the Balance of Payments (BoP) accounting framework, which of the following combinations correc...

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The Balance of Payments BoP tracks a countrys economic transactions, with the Current Account covering goods, services, income, and transfers trade in things we consume daily, while the Capital Account often grouped with the Financial Account records asset ownership changes like FDI, portfolio investments, and reserves investment in long-term assets  As such, the capital account transactions include          FDI and FPI These involve cross-border ownership of assets equitydebt and are primary components of the Capital Account.          External Commercial Borrowings ECB and banking capital These represent changes in a countrys external liabilitiesassets loans and deposits and are recorded in the Capital Account.      The transactions of current account are   Unilateral transfers gifts, remittances These are one-way transactions where no value is received in return. They are recorded in the Current Account under Secondary Income or Transfer Payments.  Export and Import of software services Trade in services invisible trade is a standard component of the Current Account.

Under the Balance of Payments (Bo

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