Current account balance

 

 

 

Current account balance

 

Glossary of business

 

Definition of current account balance

 

The balance of a country's earnings from the export of goods and services less its expenditure on imports of goods and services. If the balance is positive then there is a current account surplus and if the balance is negative then there is a current account deficit.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of current account balance

 

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Meaning of current account balance

 

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What does current account balance mean ?

 

 

 

 

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