Difference between revisions of "Current account balance"
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Latest revision as of 00:44, 1 June 2020
Current account balance is a broad measure of the balance of trade that includes trade in goods and services, as well as international flows of income and foreign aid.
Definition
According to Principles of Economics by Timothy Taylor (3rd edition),
- Current account balance. A broad measure of the balance of trade that includes trade in goods and services, as well as international flows of income and foreign aid.
