balance of payments current account - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “balance of payments current account”

balance of payments current account

noun [singular]
 
 
( also external account)
ECONOMICS a record of the movement of money into and out of a country from trade in goods and services: The Reserve Bank Governor is reported to be unconcerned about the balance of payments current account deficit.
(Definition of balance of payments current account from the Cambridge Business English Dictionary © Cambridge University Press)
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