Question

Explain current account balance.
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Answer 1

The current account represents a country's imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid. ... A country's current account balance, whether positive or negative, will be equal but opposite to its capital account balance.

Answer 2

Answer:

The current account represents a country's imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid. ... A country's current account balance, whether positive or negative, will be equal but opposite to its capital account balance.

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