Economics A-Level
Current account surplus
What Current account surplus means in Economics A-Level, as defined for AQA.
Definition of Current account surplus
Check what you remember
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Reference: AQA
Arises when total inflows from goods, services, primary income, and secondary income are greater than total outflows.
Topics that use Current account surplus
- The balance of payments (AQA A-Level)
Related terms
- Balance of payments
- Capital account
- Competitiveness
- Current account
- Current account deficit
- Exchange rates
- Expenditure-reducing policies
- Expenditure-switching policies
Using Current account surplus in the exam
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