The current account balance is defined by the sum of the value of imports of goods and services plus net returns on investments abroad, minus the value of exports of goods and services, where all these elements are measured in the domestic currency.
Terms related to The Current Account Balance:
- What is the Current Account?
- The Trade Deficit and Exchange Rates
- Does Freer Trade Mean Lower Environmental Standards?
Books on The Current Account Balance:
- Current-Account Sustainability
- The Role of the Current Account in Asset Market Models of Exchange Rate Determination
- G7 Current Account Imbalances: Sustainability and Adjustment