06.01 Balance of Payments Accounts . 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. 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