Current account of the Balance of payments

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  • Created by: Lottie
  • Created on: 24-04-12 10:13
  • Balance of payments=record of payments between one country and the rest of the world
  • current account- records trade in good,services, investment Y & transfers
  • suplus= more money flows in
  • defici= outflows are greater than inflows

TRADE IN GOODS

  • movement of tangible products across international…

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