Secondary income
What Secondary income means in Economics A-Level, as defined for AQA.
Definitions of Secondary income
Exam boards and our study guides word this term in slightly different ways. Learn the version your board uses.
Check what you remember
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Reference: AQA
Accounts for unilateral current transfers where no corresponding output is provided in return, such as overseas development aid or membership fees to international organisations.
Current transfers where nothing is received in return, such as foreign aid or remittances.
Topics that use Secondary income
- 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 Secondary income in the exam
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