Skip to content

Course home

x
Sign up
x

What the balance of payments measures

What the balance of payments measures

Schematic of balance of payments with current, capital and financial accounts, and current account split into goods, services, primary income and secondary income The balance of payments is the record of all economic transactions between residents of one country and the rest of the world over a period of time. It includes trade, income flows, transfers, and financial flows.

Balance of payments Lesson

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

Step-by-step lessons on OCR A Level Economics 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