Question: 2. What is the difference between current accounts (CA) and capital financial accounts (CFA)? (A) CAs are the total goods trade deficit; CFAs are the

2. What is the difference between current accounts (CA) and capital financial accounts (CFA)? (A) CAs are the total goods trade deficit; CFAs are the total assets deficit for a nation. (B) CAs show long-term trade trends; CFAs show short-term asset sales. (C) CAs are the most recent BOP account figures; CFAs are the most recent liability figures. (D) CAs are a nation’s net income; CFAs are the net change in assets and liabilities. (E) CAs measure only net goods and services trades; CFAs measure all asset and liability trades.

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