The mathematical equation that allows us to determine the current account balance tells us whether the current account is in deficit or surplus (whether it has more credit or debit). This will ...

Current Account Deficit meaning, formula: To understand CAD in detail, it is important to learn about the current account. Current Account Deficit meaning: Current Account Deficit or CAD is the ...

as per the current account equation, which goes like this: Current account balance = trade balance + net investment income flows. a) Trade in goods: The difference between goods exports and ...