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6.4.1 - Structure of the current account

Unit 6.4.1 - Structure of the current account of the balance of paymentsThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the structure and components of the current account of the balance of payments: (i) the trade in goods, (ii) the trade in services, (iii) primary income, and (iv) secondary income.Students also need to understand the calculation of deficits and surpluses...

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