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The balance of payments

The balance of payments

The balance of payments is a record of all economic transactions between residents of a country and non-residents over a period of time. These include transactions in goods, services, income, transfers and financial assets. Its main sections are the current account, capital account and financial account.

4.1.7 Balance of payments Lesson

  1. A Level
  2. /Economics
  3. /4.1.7 Balance of payments

Step-by-step lessons on Edexcel A A Level Economics 4.1.7 Balance of payments. Each one builds up to exam-style questions. Start with the core supply-and-demand models before moving on to the more evaluation-heavy macroeconomic policy topics.

Lessons