Economics A-Level
Capital account
What Capital account means in Economics A-Level, as defined for AQA.
Definition of Capital account
Check what you remember
Read the wording for your board, then hide it and explain Capital account in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A relatively small account recording capital transfers such as debt forgiveness and transactions in non-produced, non-financial assets, including patents.
Topics that use Capital account
- The balance of payments (AQA A-Level)
Related terms
- Balance of payments
- Competitiveness
- Current account
- Current account deficit
- Exchange rates
- Expenditure-reducing policies
- Expenditure-switching policies
- Financial account
Using Capital account in the exam
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