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Current Account |
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Current Account The difference between a nation's total exports of goods, services, and transfers, and its total imports of them. Current account balance calculations exclude transactions in financial assets and liabilities. Notes: The level of the current account is followed as an indicator of trends in foreign trade.Current account Net flow of goods, services, and unilateral transactions (gifts) between countries. |
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America's current account trade deficit fell to $208. Through the 1980s, the RBA (and Treasury) moved to consideration of a basket of indicators of macroeconomic "health," monitoring a number of problem indicators, including inflation and the current account deficit. trade balance, and you get a current account deficit that reached $665. |
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Current Account
