Question : The ____ balance is equal to capital flows from the rest of the world minus capital flows to the rest of the world.
Option 1: current account
Option 2: saving account
Option 3: capital account
Option 4: asset account
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Correct Answer: capital account
Solution : The correct answer is capital account .
The capital account tracks capital transfers between countries, including loans, investments, and other financial activities. A capital account surplus occurs when capital flows into a nation exceed capital flows out of the country, and a capital account deficit occurs when the opposite happens.
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