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What is a current account imbalance?

What is a current account imbalance?

A current account deficit occurs when spending on imports plus primary and secondary income paid abroad exceeds the matching inflows. It is a net outflow recorded on the current account.

6.3.3 causes of imbalances in the current account of the balance of payments Lesson

  1. Intl A Level
  2. /Economics
  3. /6.3.3 causes of imbalances in the current account of the balance of payments

Step-by-step lessons on CIE Intl A Level Economics 6.3.3 causes of imbalances in the current account of the balance of payments. Each one builds up to exam-style questions.

Lessons