Spec A520QS
Revise Eduqas A Level Economics The balance of payments with the lessons, revision guides, and flashcards.
The difference between the current, capital and financial accounts on the balance of payments. • The current account comprises trade in goods, trade in services, primary income and secondary income. • The meaning of a deficit and a surplus on the current account. • The factors that influence a country’s current account balance such as productivity, inflation and the exchange rate. • The consequences of investment flows between countries.
