Answer:
The current account, the capital account, and the financial account make up a country's BOP. A financial account measures the increases or decreases in international ownership assets that a country is associated with, while the capital account measures the capital expenditures and overall income of a country.
Explanation:
In shorter words "copy and paste"
The Difference between the Current Account and Capital Account is that former provides a Country's net income, while latter provides net change in Assets.
The Current and Capital Account are two essential component of Balance of Payment. The Current Account inform us about the net income of Country in a period of time, such as receipt, payment in cash and non-capital items.
The Capital and Financial Account reflects the net change in the Assets and Liabilities of a country by recording sources and utilization of Capital.
Learn more about Balance of Payment here:
https://brainly.com/question/2151013
