AQA A Level · 7136 · Paper 2: The national and international economy

4.2.6.3 The Balance of Payments: Part 2: Current Account

A-level only

Everything you need for questions on the current account, in the words examiners reward. An interactive seven-step lesson goes with it.

What's on this sheet

  1. What the current account records
  2. Measures and calculations
  3. Causes of current account imbalances
  4. Does a current account deficit matter?
  5. Interconnectedness, and a classic chain
  6. Classic question: will a depreciation reduce a current account deficit?
  7. Side 2: practice tasks, where the marks go, and exam-style questions
  8. Separate answer key

The lesson in seven steps

  1. Build the current account
  2. The calculation trainer
  3. What moves the current account?
  4. Will a cheaper pound fix the deficit?
  5. Does a deficit matter? Is a surplus good?
  6. Build the chain
  7. Exam practice

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