Balance of Payments

Economics Revision Resources

Excel in Economics

3 min read

Policies to Correct Imbalances in the Current Account of the Balance of Payments

A balanced current account is a key objective for economic stability. Persistent imbalances, such as deficits or surpluses, can disrupt...

Excel in Economics

3 min read

Current Account of the Balance of Payments: Components, Imbalances, and Implications

The current account of the balance of payments is a vital indicator of a country’s economic health. It records transactions related to...