Economics B A-Level
Persistent current account deficit
What Persistent current account deficit means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Persistent current account deficit
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Reference: Pearson Edexcel
A continuing shortfall that may indicate structural weaknesses, such as poor productivity or high relative inflation, and may require financing through borrowing that increases external debt.
Topics that use Persistent current account deficit
- Possible macroeconomic objectives (Pearson Edexcel A-Level)
Related terms
- Current account
- Current account surplus
- Economic growth
- Equilibrium
- International competitiveness
- Living standards
- Low unemployment
- Macroeconomic objectives
Using Persistent current account deficit in the exam
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