5
Concepts
1
Formulas
1
Decisions
2
Quiz Questions
5 concepts covered in this module.
Current account (trade, income, transfers) + Capital account + Financial account = 0. CA deficit = net capital inflow.
Goods trade balance + services + primary income (investment) + secondary income (transfers). Deficit = spending > income.
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1 essential formulas for this module.
Where: When one account is in deficit, another must be in surplus
1 decision frameworks to guide your analysis.
Visual overview of how concepts connect in this module.
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Balance of Payments
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