Spec 9EC0
Revise Edexcel A A Level Economics 4.1.7 Balance of payments with the question bank, lessons, revision guides, and flashcards.
a) Components of the balance of payments: • the current account • the capital and financial accounts • b) Causes of deficits and surpluses on the current account • c) Measures to reduce a country's imbalance on the current account • d) Significance of global trade imbalances