Current account balance

Current account balance

The difference between the 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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Current Account Balance

The balance of trade within a country, less the value of financial transfers. That is, the current account balance is the difference between the value of goods and services a country exports and the value of the goods and services it imports.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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