Business Studies, asked by muditschouhan, 8 months ago

explain the current account in 40 words​

Answers

Answered by raginikri2007
12

Answer:

A current account is an economic term that helps indicate how well a country is able to trade with foreign markets. ... The current account represents the net effect of this transaction on the given country. In other words, if a country exports more than it imports, its current account will have a positive balance.

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