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The balance of payments

The balance of payments

The balance of payments records all transactions between a country and the rest of the world. Its three main accounts are the current account, the capital account and the financial account. Net errors and omissions are included as a balancing item to account for statistical discrepancies.

2.1.4 Balance of payments Lesson

  1. A Level
  2. /Economics
  3. /2.1.4 Balance of payments

Step-by-step lessons on Edexcel A A Level Economics 2.1.4 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