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current account
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current account

In economics, that part of the balance of payments concerned with current transactions, as opposed to capital movements. It includes trade (visibles) and service transactions, such as investment, insurance, shipping, and tourism (invisibles). The state of the current account is regarded as a barometer of overall economic health. In some countries, visibles make a large contribution to the current account and may more than offset trade deficits.
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Chart: Annual Balance of Current Account Meaning of Divergence from Historical Trend in 1980 The current-account balance measures the difference between what residents of the US collectively earn and what they spend.
What's Ailing the Dollar? Part II by Eric Janszen / itulip.com
07 Contrary to what many people seem to believe, a simple, straightforward relationship does not exist between a nation's current-account balance and movements in its trade-weighted exchange rate.
Deficits and the dollar by Humpage, Owen F.; Shenk, Michael / Economic Trends
The current-account balance is the difference between a country's income from foreign sources and foreign obligations payable, excluding net capital investment.
Japan's current-account surplus falls on export slump by Japan Weekly Monitor
 
 
 
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