What the balance of payments shows
What the balance of payments shows
The balance of payments records all economic transactions between residents of a country and the rest of the world over a period, usually a year. The current account includes trade in goods and services, plus income and transfers.
Step-by-step lessons on Eduqas A Level Economics The 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.