Economics A-Level
Stable balance of payments on current account
What Stable balance of payments on current account means in Economics A-Level, as defined for AQA.
Definition of Stable balance of payments on current account
Check what you remember
Read the wording for your board, then hide it and explain Stable balance of payments on current account in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
The value of imports and exports is relatively balanced, avoiding unsustainable deficits that require heavy foreign borrowing.
Topics that use Stable balance of payments on current account
- The objectives of government economic policy (AQA A-Level)
Related terms
- Inflationary pressure
- Macroeconomic trade-offs
- Minimising unemployment
- Policy evaluation
- Policy trade-offs
- Price stability
Using Stable balance of payments on 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.
Practise Economics questions
Create a free account to answer exam-style questions on this topic and get feedback on your answers.
Start free
All Economics A-Level termsA week of Premium from your first lesson · Then the free plan continues · No card, no charge