6.4 Current account of balance of payments
This section of the Cambridge IGCSE Economics (0455) syllabus covers the following topics. Click on the relevant hyperlink to access the resources for this part of the course.
| Section | Topic | Guidance |
| 6.4.1 | Structure of the current account of the balance of payments | The components of the current account of the balance of payments - trade in goods, trade in services, primary income, and secondary income Calculation of deficits and surpluses on the current account of the balance of payments and its component sections |
| 6.4.2 | Causes of current account deficit and surplus | Reasons for deficits and surpluses |
| 6.4.3 | Consequences of current account deficit and surplus | Impact on gross domestic product (GDP), employment, inflation, and the foreign exchange rate |
| 6.4.4 | Policies to achieve balance of payments stability | The range of policies available to achieve balance of payments stability and how effective they might be |
Please click on the relevant hyperlink below to access other InThinking resources for this section of the syllabus.
- Unit 6.4 - Paper 1 Exam Practice Questions (multiple choice questions)
Return to the Unit 6 - Trade and globalisation homepage
