Eye Crosser #14: Current Account Deficit

In an earlier posting: Mega Eye Crosser: Trade deficits and a little bit about exchange rates, I outlined what is meant by “trade deficit’, ‘balance of payment”, ‘capital account”, “current account deficit.”  I will not repeat information about these items but I will offer a short video prepared by the KhanAcademy which offers a nice explanation in particular about the Current Account Deficit.

Here’s the link: https://www.khanacademy.org/economics-finance-domain/macroeconomics/forex-trade-topic/current-capital-account/v/balance-of-payments-current-account

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