Balance of Payments Accounts I A Level and IB Economics

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This Year 2 Macroeconomics topic video looks at the make up of the balance of payments and in particular the difference between the current account and the financial account.

#aqaeconomics #ibeconomics #edexceleconomics
  1. tutor2u
  2. balance of payments
  3. current account
  4. financial account
  5. tutor2u
  6. international trade
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tutoru-official
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Check and test your understanding of key terms relating to the balance of payments with this Quizlet revision activity

tutoru-official
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how does a countries government manages to set off negative Balance of Payments?

aankitmajithia
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I guess now there won't be any contributions to the EU in net secondary income.

zomb
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What happens if you consistently run a balance of payments deficit in the current, capital and financial account? Will the reserves of gold and foreign currency eventually run out?

harrydowning