What Are the Three Balance of Payments Accounts? Briefly Describe

question 158

Essay

What are the three balance of payments accounts? Briefly describe them. What is the relationship among the three?

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Definitions:

Language Code

A set of rules or symbols used for communication through writing, speaking, or other means.

Nonverbal Cues

Body language and other physical behaviors that communicate feelings and intentions without words.

Physical Contact

Bodily touch or interaction between people, which can communicate various messages or serve different social functions.

Intimate

Describes a close, familiar, and usually affectionate or loving personal relationship with another person or group.