Economics B A-Level
Current account
What Current account means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Current account
Check what you remember
Read the wording for your board, then hide it and explain Current account in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
The record of trade in goods and services, plus primary and secondary income flows between a country and the rest of the world.
Topics that use Current account
- Possible macroeconomic objectives (Pearson Edexcel A-Level)
Related terms
- Current account surplus
- Economic growth
- Equilibrium
- International competitiveness
- Living standards
- Low unemployment
- Macroeconomic objectives
- Persistent current account deficit
Using Current account in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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