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Consider the following: 1. Balance of trade 2. Net factor income 3. Net transfer payments Which among the above make the part of the “Capital Account”?

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Consider the following:
1. Balance of trade
2. Net factor income
3. Net transfer payments
Which among the above make the part
of the “Capital Account”?


1). Only 1
2). 1 & 2
3). 2 & 3
4). 1, 2 & 3


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