Australia and the Global Economy · Global Trade

The Balance of Payments

Examines the Current Account and Capital Account and their relationship to the exchange rate.

Key Questions

  1. 1Why does a persistent current account deficit matter for a nation?
  2. 2What incentives are driving this behavior in foreign investment?
  3. 3How do fluctuations in the terms of trade impact national income?

ACARA Content Descriptions

AC9EC12K11
Year: Year 12
Subject: Economics & Business
Unit: Australia and the Global Economy
Period: Global Trade

Suggested Methodologies

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