Why the balance of payments and the current account deficit are so important.
Why Is the Balance of Payments and the CAD So Important
The balance of payments is a summary of all Australia's transactions with the rest of the world. The balance of payments may give an explanation for, as an example, why the value of the Australian dollar has appreciated. A current account deficit occurs when the current account does not balance but is negative. The reason Australia has a current account deficit is because of greater levels of debits than credits on goods, services, incomes and unrequited transfers. A CAD is also due to a greater part of our investment coming from ove…
E-pasta adrese, uz kuru nosūtīt darba saiti:
Saite uz darbu: