A current account deficit is when the value of a country’s imports exceeds the value of its exports. It includes net income and transfers and is part of the country’s balance of payments. Countries can reduce existing deficits by increasing exports or improving the domestic currency’s valuation. Developed countries often run deficits, while emerging economies tend to run surpluses. A current account deficit may not always be harmful if it is used to finance lucrative investments.
099c

свернуть