There can be consequences when the amount a country spends abroad is wildly different from what it receives from the outside world The current account balance seems to be an abstruse economic concept.
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. In the second quarter of 2024, China reported a customs surplus of $250 Billion, a ...
TOKYO, Feb 10 (Reuters) - Japan's current account surplus jumped to a record last year, data from the finance ministry showed on Monday, as a weaker yen boosted returns on foreign investments that ...