The next important group of current account items are services, which can be considered either separately or as part of a broader category of goods and services. Services – a group of items of the current account of the balance of payments, including transport services, travel and a number of other services (communications, construction, insurance, […]
Tag: practically
Current Account
For practical and analytical purposes, the most important part of the balance of payments is the current account balance. The current account balance is a key concept of the international economy, showing, on the one hand, the result of the country’s interaction with the rest of the world over a certain period of time, and […]