Economics A-Level
Current Account
What Current Account means in Economics A-Level, as defined for Pearson Edexcel.
Definition of Current Account
A component of the Balance of Payments that records the net flow of money resulting from trade in goods and services, and net investment income.
Topics that use Current Account
- International economics (Pearson Edexcel A-Level)
Related terms
Using Current Account in the exam
Definition questions usually carry one or two marks, and examiners look for the precise wording. Write the definition from memory, check it against the version above, and then use the term in a longer answer on the same topic so it sticks.
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