Accountancy, asked by rs3619969, 1 month ago

give the four equation on current alc​

Answers

Answered by aenas734
0

The current account formula of the Balance of Payment

measures the import and export of goods and services and is calculated as the sum of the trade balance, net income, and current transfers.

The trade balance is the difference between countries’ imports and exports and is the biggest component of the current account. A country always tries to have more export than imports. For the current account to be positive it is important to have a positive trade balance.

Current Account Equation

is given below:

Current Account Formula = (X-M) + NI + NT

Answered by hariuthiras
1

Answer:

a country's current account records the value of exports and imports of both goods and services and international transfers of capital.

Explanation:

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