Short term causes
Subdecks (3)
Relatively high rate of inflation
Paper 2- UK economy performance & policies > Theme 4: A global perspective > 4.1 International economics > 4.1.7 Balance of payments > b) Causes of deficits and surpluses oncurrent account > Short term causes6 cardsRelatively high value of the country’s currency
Paper 2- UK economy performance & policies > Theme 4: A global perspective > 4.1 International economics > 4.1.7 Balance of payments > b) Causes of deficits and surpluses oncurrent account > Short term causes6 cardsconsumer demand
Paper 2- UK economy performance & policies > Theme 4: A global perspective > 4.1 International economics > 4.1.7 Balance of payments > b) Causes of deficits and surpluses oncurrent account > Short term causes5 cards