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......
The current account deficit is a measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the products it exports. The current account includes net income, such as interest and dividends, and transfers, such as foreign aid, although these co...
The main culprit behind the current account deficit is theU.S. trade deficit. In 2020, it was $679 billion.2 Causes Why would the richest country on earth need to borrow money to sustain its economy? It’s because of the trade deficit. Americans spend more on imports than U.S. busines...
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 Our latest articles, guides, and more, delivered daily. Subscribe...
What is Current Account Deficit and how its effect common man and investor? Oh! Even after 66 odd years of independence, with new reforms for the so-called betterment of the nation, coming to force almost every day, the economy of our motherland is shaking! With rupee becoming ...
请问下,What is the current account balance of a nation with a government budget deficit of128 billion,private saving of 806 billion,and domestic capital formation of$777 billion? 答案 1280亿美元政府预算赤字,8060亿美元私人储蓄,国内资本组成7770亿美元,这个国家的现金帐户余额是多少?会翻译,不会算,你...
The Revenue deficit mainly refers to the financial position of the government wherein the government's revenue expenditure exceeds its total revenue...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough ...
While debt is sometimes measured as a dollar amount, it's often measured as a percentage of the country's gross domestic product (GDP). The Congressional Budget Office (CBO) projected in February 2021 that the year's deficit would be 10.3% of U.S. GDP.4After the American Rescue plan, ...
Along with trade and budget deficits, these are some other deficit-related terms you may encounter: Current account deficit: When a country is importing more goods and services than it exports Cyclical deficits:When an economy is not performing well because of a down business cycle ...
Current trade deficits: It is the current account deficit of the Balance of payments account of an economy. It occurs when the volume of imports is...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question ...