What is the meaning of Current Account in Balance of Payments?
A country’s current account balance can be influenced by a variety of factors. What are those factors?
What are the transactions which are recorded in the current account of balance of payments?
Trade Tides & Turning Points: Mastering the Current Account
Meaning and components of Current Account in Balance of Payments, Calculating Current Account Balance
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Total ContentWhat you will learn
What is the meaning of Current Account in Balance of payments?
What are the various components of current account?
How can we calculate the current account balance in balance of payments?
What is meant by Surplus current account, Deficit current
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2 sections • 6 lectures • 01:07:39 total lengthMeaning of Current Account in Balance of Payments
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07:59
Building Blocks of Current Account in Balance of Payments
11:56
Building Blocks of Current Account in Balance of Payments
What are the components of Current account in balance of payments?
What is meant by visible items?
What type of transactions are recorded in respect of goods?
What is meant by invisible items?
What type of transactions are recorded in respect of services?
What is the meaning of unilateral transfers?
If unilateral transfers are sent abroad, where are they recorded in the current account - debit or credit side?
What is meant by income from investments received from abroad and where are they recorded in the current account?
Calculating the Current Account Balance in Balance of Payments
17:46
Calculating the Current Account Balance in Balance of Payments
How can we calculate the current account balance in Balance of Payments?
What is meant by balance of visible trade and balance of invisible trade?
How can we calculate the net income from abroad and the net unilateral transfers?
Implications of Current Account Surpluses and Deficits
16:43
What is meant by Surplus current account?
What does surplus current account indicate?
What is meant by Deficit current account?
What does deficit current account indicate?
Is it possible that in surplus current account, any specific component of current account may individual deficits but overall, credit side is more than debit side?
Exploring Current Account Equilibrium and Imbalance
10:08
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Requirements
Basic understanding of economic principles such as supply and demand, inflation and interest rates
Target Audience
Students and any individual who enjoys learning about various concepts of economics
About this course
- What is the meaning of Current Account in Balance of Payments?
- A country’s current account balance can be influenced by a variety of factors. What are those factors?
- What are the transactions which are recorded in the current account of balance of payments?
- What are the components of Current account in balance of payments?
- What is meant by visible items?
- What type of transactions are recorded in respect of goods?
- What is meant by invisible items?
- What type of transactions are recorded in respect of services?
- What is the meaning of unilateral transfers?
- If unilateral transfers are sent abroad, where are they recorded in the current account - debit or credit side?
- What is meant by income from investments received from abroad and where are they recorded in the current account?
- How can we calculate the current account balance in Balance of Payments?
- What is meant by balance of visible trade and balance of invisible trade?
- How can we calculate the net income from abroad and the net unilateral transfers?
- What is meant by Surplus current account?
- What does surplus current account indicate?
- What is meant by Deficit current account?
- What does deficit current account indicate?
- Is it possible that in surplus current account, any specific component of current account may individual deficits but overall, credit side is more than debit side?
- What are the three different situations which can arise in respect of current account in balance of payments?
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Meet your instructor
Prabh Kirpa Classes
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This channel is purely education based. Our aim is to ensure that the students are able to understand each and every question in an easy way. We take pride in providing quality educational services to the students of Class VII to Class XI Science NCERT, English, Computer solutions, Mathematics, Business Studies & Economics. Our goal is to help the leaders of tomorrow to learn to succeed today....
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