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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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Prabh Kirpa Classes

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Trade Tides & Turning Points: Mastering the Current Account
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5.0 / 5.0
Valutazione globale
1h 7m
Contenuto totale

Cosa imparerai

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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Contenuto del corso

2 sezioni • 6 lezioni • 01:07:39 lunghezza totale

Introduction

03:04

Meaning of Current Account in Balance of Payments

Anteprima gratuita
07:59

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?

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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Requisiti

Basic understanding of economic principles such as supply and demand, inflation and interest rates

Pubblico target

Students and any individual who enjoys learning about various concepts of economics

A proposito di questo corso

  1. What is the meaning of Current Account in Balance of Payments?
  2. A country’s current account balance can be influenced by a variety of factors. What are those factors?
  3. What are the transactions which are recorded in the current account of balance of payments?
  4. What are the components of Current account in balance of payments?
  5. What is meant by visible items?
  6. What type of transactions are recorded in respect of goods?
  7. What is meant by invisible items?
  8. What type of transactions are recorded in respect of services?
  9. What is the meaning of unilateral transfers?
  10. If unilateral transfers are sent abroad, where are they recorded in the current account - debit or credit side?
  11. What is meant by income from investments received from abroad and where are they recorded in the current account?
  12. How can we calculate the current account balance in Balance of Payments?
  13. What is meant by balance of visible trade and balance of invisible trade?
  14. How can we calculate the net income from abroad and the net unilateral transfers?
  15. What is meant by Surplus current account?
  16. What does surplus current account indicate?
  17. What is meant by Deficit current account?
  18. What does deficit current account indicate?
  19. 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?
  20. What are the three different situations which can arise in respect of current account in balance of payments?
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