Examlex
The current account balance is defined as
Exports
Goods or services sold by a country to buyers located in other countries.
Export Supply
The total amount of goods and services a country's producers are willing and able to sell abroad at a given price level.
Import Demand
The desire or need for products or services brought into a country from abroad.
Equilibrium World Price
The price at which the supply of a good on the global market equals the demand for that good.
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