Question:
Define Current Account Surplus.
Define Current Account Surplus.
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Current account surplus = Exports>Imports, including services, income and transfers.
Updated On: Jul 25, 2025
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Solution and Explanation
Current Account Surplus occurs when the total value of exports of goods, services, income and transfers is more than the total value of their imports. It reflects that the country is a net lender to the rest of the world and is earning more foreign exchange than it is spending.
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