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This article starts with the definition of capital account deficit and attempts to clarify the method of calculating it. It then proceeds to examine how current account deficit arises, while highlighting the past and recent trends. It also spells out the implication of a large current account ...
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McKinsey Global Institute The US Imbalancing Act: Can the Current Account Deficit Continue? June 2007 McKinsey Global Institute The McKinsey Global Institute (MGI), founded in 1990, is McKinsey & Company's economics research arm. MGI's mission is to help business and gov...
US name: checking account Canadian name: chequing account 2. (Economics) economics a. that part of the balance of payments composed of the balance of trade and the invisible balance. Compare capital account1 b. (as modifier): a current-account deficit. Collins English Dictionary – ...
Myth 2: The Current Account Deficit Drives the Dollar M Chandler 被引量: 0发表: 2012年 Capital Myth - The Difference between Trade in Widgets and Dollars, The In the aftermath of the Asian financial hand, included only" avoidance of restriccrisis, the mainstream view that domi-tdons on ...
The terms "current account deficit" and "trade deficit" are often used interchangeably, but they have substantially different meanings. A nation has a trade deficit when it spends more on imports than it earns on exports. A nation's current account deficit is a broader measure. The ...
Thecurrent account deficit, also referred to as the “balance of paymentsdeficit” or simply “trade deficit,” represents afiat currencyimbalance between the imports and exports of a country. Key Takeaways The current account deficit represents a fiat currency imbalance between the imports and expor...