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Q: What is a surplus item in the U.S. current account?
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Difference between current account and call deposit account?

A call deposit account is a hybrid form of Current account and general saving account which allows us to withdraw money at any time as in current account and provides us interest on the deposit amount as in other saving account.


Impact of new economic policy on balance of payments in India?

our country has allways been a trade deficit country. As a result of new economic policy the net invisibles share of the current account has been increasing steadily which results in comparitively a better current account deficit (i.e current account deficit is reduced considerably). Similarly the net balance of capital account has allways been surplus due to the net FDI inflows, FIIs etc.. the deficit in current account has been almost overcome by the surplus in capital account and which resulted in a steady accumulation of foreign exchange reserves. At present our F E reserves are at US$301 billions. It shows the impact of new economic policy on our country's balance of payments.


Why current account deficit is good for US?

The current account deficit is good for the United States because it helps them regulate their expenditure.


What happened in the Gulf war 1991 that made the US current account balance recover?

"Current account balance recover", is this a financial question?


Where can you find subscription receivable in the balance sheet?

Whether Subscription Receivable account should be presented as an current asset or a contra equity account is debatable. The US SEC requires it as a contra equity account.


When did the US surplus in international trade?

The United States' surplus in international trade ended in 1983.


When did the US surplus in international end?

The United States' surplus in international trade ended in 1983.


Did the US have a federal deficit or surplus in 1998?

The United States had a federal surplus in 1998. There was a surplus until 2001, but after 2001, the country has had a national deficit.


When did the US surplus in international trade end?

The United States' surplus in international trade ended in 1983.


When did US surplus in international trade end?

The United States' surplus in international trade ended in 1983.


Does US have a deficit or trade surplus?

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How much is bank interest rate in US?

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