ECONOMISTS often worry about a country's current-account deficit. The main reason Britain has run a large current-account deficit in recent years is because its investments abroad, largely in Europe, have performed badly (hardly a surprise given the weak economic performance of Europe in...Economist
What is a Current Account Surplus? What is on-Balance Volume? Discussion Comments Byanon147677— On Jan 30, 2011 Yes, but you fail to explain why the current account deficit is not always undesirable for an economy. WiseGeek, in your inbox ...
if a country imports $3 billion in goods but only exports $2 billion worth, it has a trade deficit of $1 billion for that year. In effect, more money is leaving the country than is coming in, which can cause a drop in the value of its currency as well as a ...
While an existing deficit can imply that a country is spending beyond its means, having a current account deficit is not inherently disadvantageous. If a country uses external debt to finance investments that have higher returns than the interest rate on the debt, the country can remain solvent ...
Does it have an impact on a common man? Due to the current scenario of high current account deficit and some other factors, there has been a free fall in the Indian currency rupee which is directly hammering a pin to a plane in the country. Naturally, if a country is in ...
A retained income account, often called a retained earnings account, is a financial ledger that businesses use to track the accumulatedprofitsset aside for reinvestment in the business. The account reflects the portion of net income the business keeps – and does not distribute as dividends to sha...
Deficit equity, more commonly referred to as negative owners' equity, results when the total value of an organization's assets is less than the sum total of its liabilities. In any company, "equity" represents the amount the owners would theoretically have left over if they were to liquidate...
Therefore, it is advisable to check with the bank of your choice for the specific MAB requirement for the current account and any other terms and conditions before opening an account. Current Account Example All banks that offer savings accounts to regular individuals also offer current accounts fo...
Some latent demand exists today but is going unmet. Years of underinvestment by the private sector have left some majority-Black communities with a dearth of retail options and key services. In addition, there is an opportunity to introduce products, brands, and services ...
Definition:A retained earnings deficit, also called an accumulated deficit, happens when cumulative losses are greater than cumulative profits causing the account to have a negative ordebit balance. In other words, an RE deficit is a negativeretained earnings account. This means the corporation has ...