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Meaning of current account surplus

 

 

 

Current account surplus

 

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Business glossary

 

Meaning of term current account surplus :

 

The current account is the balance of a country's earnings from the export of goods and services less its expenditure on imports of goods and services. If the balance is positive then there is a current account surplus. In other words a current account surplus means that we have spent less on paying for imports of goods and services than we have earned from selling exports of goods and services.

 

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Current account surplus

 

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Meaning of term current account surplus

 

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