06.01 Balance of Payments Accounts 0 Define and distinguish between the current account (CA), the capital and financial account (CFA), and the balance of payments (BOP). . Define balance of trade, net exports, accounting credit, and accounting debit. o Recognize that the CA, CFA, and BOP are accounting measures that help inform macroeconomic concepts of foreign investment and trade. . Explain how changes in the components of the CA and CFA lead to either a surplus or deficit in each and how this affects the country's BOP