Balance of payments: Current account | Foreign exchange and trade | Macroeconomics | Khan Academy

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Breaks the current account into trade, income and transfers and explains what a deficit is actually financing.

What you'll learn

The balance of payments current account and what deficits and surpluses mean.

Video by Khan Academy, played through YouTube's embedded player.

Part of Foreign exchange and trade | Macroeconomics | Khan Academy, Microeconomics and Macroeconomics

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