yes
yes
The relationship between the current account balance and the GDP is that they both reflect the production in the given economy. They both deal with the net production.
he balance of payments defines an economy's account of receipts and payments.it includes all current accounts and capital accounts. a deficit in current account is managed by creating a surplus in capital account and vice-versa.however,balance of trade is just the balance of exports and imports,exports receipts can be greater than import payments,this creates surplus in the economy and deficit in the other case. balance of trade is a component of BOP.
the balance of payments defines an economy's account of receipts and payments.it includes all current accounts and capital accounts. a deficit in current account is managed by creating a surplus in capital account and vice-versa.however,balance of trade is just the balance of exports and imports,exports receipts can be greater than import payments,this creates surplus in the economy and deficit in the other case. balance of trade is a component of BOP.
Curry
statement that summarizes an economy's transactions with the rest of the world for a specified time period. The balance of payments, also known as balance of international payments, encompasses all transactions between a country's residents and its nonresidents involving goods, services and income; financial claims on and liabilities to the rest of the world; and transfers such as gifts. The balance of payments classifies these transactions in two accounts - the current account and the capital account. The current account includes transactions in goods, services, investment income and current transfers, while the capital account mainly includes transactions in financial instruments. An economy's balance of payments transactions and international investment position (IIP) together constitute its set of international accounts. (source- investopedia)
A current account deficit can indicate a growing and healthy economy as in the short term it increases productivity and therefore increases exports in the future.
Current events affect the economy on an hourly basis. If you follow the stock market you know that any negative events that happen in the world immediately affect the stock market. Good news makes the market go up and negative news makes the market go down.
Foreign Debt: $1.875 billion Internal Debt: $697 million Current Balance: -$485 million Per Capita: $1,300
The disadvantage is that the country's foreign exchange would be less... The Govt, would be in loss
When using the term of the question, that being "current slide" it can be used accurately in several ways. Basically it means "down turn". So if the topic is the economy and the economy is experiencing trouble by a loss of growth, or in fact there is negative growth, the economy is in a down slide. When speaking about an industry in the economy, for example automobile sales, then it can be said that the car industry is in a down slide.
The current time is 5:28pm. The current year is 2011. The current largest economy is the US's economy.