Words similar to current-account
Example sentences for: current-account
How can you use “current-account” in a sentence? Here are some example sentences to help you improve your vocabulary:
With a higher value of the local currency, exports from the country will be less competitive and the export volume will decline, creating or increasing the current-account deficit.
Either of these effects will attract imports and discourage exports, increasing the current-account deficit.
So large was that inflow that Korea ran a current-account deficit equal to almost 5 percent of gross domestic product, higher than in any other industrialized country except Poland and the Czech Republic.
The decline in the won, by making imports more expensive and exports more competitive, would help bring about the decline in the current-account deficit, or the generation of a surplus.
Krugman is, of course, right about the relationship between trade balances and current-account balances, and about China's international balances.