Seminar 2

• Current Account (Credits and Debits)

  • Goods and services account
  • Exports and imports
  • Primary income account
  • Compensation of employees and property income
  • Secondary income account
  • Current transfer
• Capital Account (Credits and Debits)

  • Capital transfers
  • The acquisition or disposal of non-produced, non-financial assets
• Financial Accounts (Assets and Liabilities)

  • Direct investment & Portfolio investment
  • Assets → money received by the country
  • Liabilities → money that the country has to give to another
  • Financial derivatives
  • Other investments
  • Reserve assets