Current account deficit
Current account deficit
Glossary of business
Definition of current account deficit
The current account is 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 negative then there is a current account deficit. In other words a current account deficit means that we have spent more on paying for imports of goods and services than we have earned from selling exports of goods and services.
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Terminology about business
Job world
Definition and meaning of current account deficit
Meaning of current account deficit
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