Significance of CAD Flashcards
1
Q
what is teh average CAB and FAB
A
-4.3% of GDP CAB
+4.3% of GDP FAB
2
Q
what are the 6 causes of a decrease in CAB
A
- Fall in ToT
- Decline in International COMP
- HIghre rate of econ growth
- increases foreign investment
- decline in national savings
- increase in investment