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Australia's Balance of Payments
Economics · Year 12 · Australia's Place in the Global Economy · 2.º Período

Australia's Balance of Payments

Students analyse the structure of Australia's Balance of Payments, focusing on the Current Account and the Capital and Financial Account. The topic explores the causes and consequences of a Current Account Deficit (CAD).

ACARA Content DescriptionsACHEE041: The structure of the balance of paymentsACHEE042: Trends in the size and composition of Australia's balance of payments

About This Topic

Students analyse the structure of Australia's Balance of Payments, focusing on the Current Account and the Capital and Financial Account. The topic explores the causes and consequences of a Current Account Deficit (CAD).

Key Questions

  1. What are the key components of the Balance of Payments?
  2. What drives Australia's Current Account Deficit?
  3. How does the Balance of Payments reflect Australia's economic health?

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Edited by Adriana Perusin, Editor-in-Chief, Flip Education