Devaluation Risk Makes China’s Balance of Payments Interesting (Again ... U.S. services exports—while the service “exports” of countries like Ireland and Luxembourg (really re-exports ...

There can be consequences when the amount a country spends abroad is wildly different from what it receives from the outside world The current account balance seems to be an abstruse economic concept.

A country’s current account balance represents the combined total of its trade balance, net income, direct transfers, and asset income, providing a comprehensive picture of its international ...