Current Account
The difference between a nation's total exports of goods, services and transfers, and its total imports of them. Current account balance calculations exclude transactions in financial assets and liabilities. Investopedia Says:
The level of the current account is followed as an indicator of trends in foreign trade. Related Terms:
Balance Of Payments - BOP
Balance Of Trade - BOT
Cash In Advance
Current Account Deficit
Economics
Forex - FX
Surplus Spending Unit |