Current account deficit
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Revision as of 13:59, 14 May 2014 by Doug Williamson (Talk | contribs) (Additional information added together with acronym and see also)
A measurement of a country's trade when the value of imported goods and services exceeds the value of exported goods and services.
It includes net income, such as interest and dividends, as well as transfers, such as foreign aid.
The current account (a calculation of a country’s foreign transactions), together with the capital account is a component of a country’s balance of payment.