Home >  Term: current account
current account

A country's international transactions arising from current flows, as opposed to changes in stocks which are part of the capital account. Includes trade in goods and services (including payments of interest and dividends on capital) plus inflows and outflows of transfers.

0 0

Creator

  • Noroc
  •  (Silver) 911 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.