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current account
(redirected from Current account deficit)

   Also found in: Legal, Financial, Acronyms, Wikipedia, Hutchinson 0.01 sec.
current account
Economics that part of the balance of payments composed of the balance of trade and the invisible balance


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current account deficit is substantial, both in size and as a share of GDP.
The current account deficit ceased to be an object of monetary policy, and inflation became implicitly the RBA's sole objective.
trade balance, and you get a current account deficit that reached $665.
 
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