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Home › CBSE Class 12 (Arts) › Economics › Open Economy Macroeconomics › Under the IMF's BPM6 format, the BoP has which t…

Under the IMF's BPM6 format, the BoP has which three accounts?

ATrade, services and transfers
BCurrent, financial and capital
CFiscal, monetary and external
DGoods, income and reserves
Answer & Solution
Correct answer: B. Current, financial and capital
BPM6 splits the old capital account, creating current, financial and capital accounts.
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