Topic Videos
Current Account Deficits (Balance of Payments)
- Level:
- AS, A-Level, IB
- Board:
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 4 Apr 2018
This topic video looks at the structural and cyclical causes of current account deficits and also why a current account deficit can matter for an economy.
The current account balance for the UK (which includes trade, investment and
financial transfers) was 4.1% of GDP in 2017, down from 5.8% of GDP
in 2016.
The current account balance for the UK (which includes trade, investment and
financial transfers) was 4.1% of GDP in 2017, down from 5.8% of GDP
in 2016.
-
7
Revision Flashcards for A-Level Economics Students
Resource Collection
-
7
Revision Flashcards for A-Level Economics Students
Resource Collection
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