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6.4.3 - Consequences of current account deficit & surplus

Topic 6.4.3 - Consequences of current account deficit and surplus For this section of the Cambridge IGCSE Economics (0455) syllabus, students need to understand the consequences of a current account deficit and surplus in terms of the impact on: (i) gross domestic product (GDP), (ii) employment, (iii) inflation, and (iv) the foreign exchange rate. A current account deficit or surplus can have a significant impact on...

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