australia's balance of payments (1 Viewer)

[pc4pc]

this might be a silly and simple question to answer but what is the difference between official capital transactions and non-official capital transactions?
i don't know if we've been taught it or not.. or if i just blanked out in class.


appreciated!

 

[jeniii]

ooo can i ask a question on the same topic.. its actually pretty stoopid but just wanned to make sure..

ok so a deficit on current account = surplus on the capital and financial account riiiight .. (plus errors and ommissions) but if we had a surplus in the current account does that make the capital and finiancial account a minus value/deficit ? ... does that even make sense.

 

[pc4pc]

thanks for the help withoutwings

 

[ilovecommunism]

however, in reality, the current account surplus might be stemmed from exports while net income account is in deficit (capital inflows brought by investments)