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There can be consequences when the amount a country spends abroad is wildly different from what it receives from the outside world The current account balance seems to be an abstruse economic concept.
The current account balance, which records the country’s transactions with the rest of the world, has slipped back into ...
BEIJING (Reuters) - China posted a final current account surplus of $73 billion in the second quarter of 2015 and a deficit of $40.6 billion on its capital account and financial account, the foreign ...