Which of the following pair is not correctly matched?

1. Balance of trade	It refers to the relationship between the value of imports and exports of the goods of a country.
2. Balance of Payments (BoP)	It records the transactions in goods, services and assets of the residents of a country with the rest of the world.
3. The Balance of Payments on the current account	It is the sum of the balance of merchandise trade, services and net transfers received from the rest of the world.
4. The Balance of Payments on the capital account	It includes capital transactions relating to borrowing and lending of capital only

Select the correct answer using the code given below: