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Capital And Financial Account Deficits
A situation where a country's capital outflows exceed its capital inflows, resulting in a net outflow of domestic currency to foreign markets.
Balance Of Payments Surpluses
A situation where the total of a country's international transactions results in net earnings, with more credits from exports and capital income than debits for imports and overseas investments.
Recession
A significant decline in economic activity across the economy, lasting longer than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.
Trade Surplus
The amount by which a nation’s exports of goods (or goods and services) exceed its imports of goods (or goods and services).
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