high Econ growth

• What is the relationship between high economic growth and the current account?

  High economic growth often leads to a current account deficit
• What happens to imports during high economic growth?

  Imports increase due to higher demand
• When does the current account deficit tend to improve?

  During times of high unemployment
• What is a current account deficit?

  It occurs when imports exceed exports
• What economic condition is associated with increased imports?

  Increased demand
• How does high unemployment affect the current account?

  It tends to improve the current account deficit