Two routes to a stronger current account
Two routes to a stronger current account
The current account records international flows, including trade in goods and services, net primary income and net secondary income. In a simplified trade example, the trade balance can be calculated using the following equation.
Step-by-step lessons on CIE Intl A Level Economics 6.5.2 effect of fiscal, monetary, supply-side and protectionist policies on the current account. Each one builds up to exam-style questions.