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Current account - always CAD? (1 Viewer)

swagmeister

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If the current account is in surplus, do I still use CAD? Sorry I haven't done this topic yet but I am talking about external stability in my case study essay :)
 

BLIT2014

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If the current account is in surplus, you should also probably be talking about previous current account deficits if its applicable.


As external stability includes CAD as a measure of stability, you should be talking about it, even if its pointing out that the country is not running a CAD.
 

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