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The global economy

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Question 5

What is a current account deficit?

Government expenditure is greater than tax revenues.

The value of imported goods and services is greater than the value of exported goods and services.

Tax revenues are greater than government expenditure.

The value of exported goods and services is greater than the value of imported goods and services.

The global economy Questions

  1. IGCSE
  2. /Economics
  3. /The global economy