tutor2u | Current Account (BoP)


Current Account (BoP)

The current account records payments for trade in goods and services plus net flows of primary and secondary income. The current account is sum of: 1.Net balance of trade in goods 2.Net balance of trade in services 3.Net primary income (includes interest, profits, dividends and migrant remittances) 4.Net secondary income (includes transfers such asmilitary aid, overseas aid)

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