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AP Macroeconomics
Unit 6 – Open Economy – International Trade and Finance
Topic 6.1
What is the relationship between the current account balance and the capital account balance in the balance of payments?
They should always equal zero when added together
The capital account balance should be higher than the current account balance
The relationship between the two varies depending on the country
The current account balance should be higher than the capital account balance
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AP Macroeconomics - 6.1 Balance of Payments Accounts
Key terms
Balance of Payments
Capital account balance
Current account balance
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About Fiveable
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Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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