How To Calculate The Current Account
Normally,the current account is calculated by adding up the 4 components of current account: Goods, services, income and current transfers.
Read more about this topic: Current Account
Famous quotes containing the words calculate, current and/or account:
“However others calculate the cost,
To us the final aggregate is one,
One with a name, one transferred to the blest;
And though another stoops and takes the gun,
We cannot add the second to the first.”
—Karl Shapiro (b. 1913)
“But there, where I have garnered up my heart,
Where either I must live or bear no life;
The fountain from the which my current runs
Or else dries up: to be discarded thence,
Or keep it as a cistern for foul toads
To knot and gender in!”
—William Shakespeare (1564–1616)
“All that seems indispensible in stating the account between the dead and the living, is to see that the debts against the latter do not exceed the advances made by the former.”
—James Madison (1751–1836)