Web7. [count] : a list or description of facts. Our goal is to give an accurate account of the process. an account of how the system works. The document is an account of the country's reasons for going to war. 8. [count] : a reason or explanation for an action. WebOct 31, 2024 · The current account provides a summary of a nation’s transactions with the rest of the world. The net position of these flows is called the current account balance, …

Current Account Balance Definition - Investopedia

WebJun 28, 2024 · Current Account also known as financial account is a type of deposit account maintained solely or jointly for carrying out large value transactions on a regular … WebThe current account deals with the inflow and outflow of money within a given year for a particular country. This inflow/outflow of currency occurs due to trading activities (export and import of goods and services) and financial transfers. It is one of the two accounts that is part of the balance of payments. honolulu beerworks south shore stout

Current vs. Capital Accounts: What

Webaccount, a current account deficit often raises the hackles of protectionists, who—apparently forgetting that a main reason to export is to be able to import—think that exports are “good” and imports are “bad.” The current account can also be expressed as the difference between national (both public and private) savings and invest ... WebAug 30, 2024 · The current account represents the net effect of this transaction on the given country. In other words, if a country exports more than it imports, its current … WebOct 2, 2024 · A current account surplus means that a country has more exports and incoming payments than imports and outgoing payments to other countries. It is … honolulu best food trucks