All other things remaining equal, a country's current account deficit on its balance of payments is most likely to widen if:
its major trading partners experience a rapid increase in real national income.
there is a significant depreciation in the external value of the domestic currency.
the domestic rate of inflation falls below the average rate of inflation of its main trading partners.
domestic real household incomes rise significantly, leading to an increase in consumer spending.
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.