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6.4.3 - Consequences of current account deficit & surplus

Unit 6.4.3 - Consequences of current account deficit and surplusFor this section of the Cambridge IGCSE Economics (0455) syllabus, students need to understand the consequences of current account deficit and surplus in terms of the impact on: (i) GDP, (ii) employment, (iii) inflation, and (iv) the foreign exchange rate.A current account deficit or surplus can have a significant impact on an economy"s GDP. When a country...

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