The capital account records
A)transactions that affect net capital flows in the economy.
B)relatively minor transactions, such as migrants' transfers, and sales and purchases of nonproduced, nonfinancial assets.
C)transactions that affect the balance of trade or the balance of services.
D)statistical discrepancy between the current account and the financial account.
E)transactions between national governments located in each country's capital.

Question

Quizplus · Accepted Answer

The capital account primarily records minor transactions like migrants' transfers and sales/purchases of nonproduced, nonfinancial assets.

The Capital Account Records