What Is the Current Account? The current account records a nation's transactions with the rest of the world—specifically its net trade in goods and services, its net earnings on cross-border investments, and its net transfer payments—over a defined period, such as a year or a quarter.
Oct 15, 2023
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The current account is the sum of net income from abroad, net current transfers, and the balance of trade. The balance of payments includes the current account ...
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Current account
Balance of payments
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In macroeconomics and international finance, a country's current account records the value of exports and imports of both goods and services and international transfers of capital. It is one of the two components of the balance of payments, the... Wikipedia
Current account measures the nation's earnings and spendings abroad and it consists of the balance of trade, net primary income or factor income (earnings on ...