Components of the Balance of payments account

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Discuss in detail the components of the Balance of payments account. Does the balance of payments account balance? If the account is in dis-equilibrium what can be done to bring the account into balance?
Discuss in detail the components of the Balance of payments account. Full topic: Does the balance of payments account balance? If the account is in dis-equilibrium what can be done to bring the account into balance? Explain your answer with relevant examples and arguments.