TERMIUM Plus®

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BASIC DEFICIT [1 record]

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Alphabetical list of terms

Record 1 1980-08-08

English

Subject field(s)
  • National and International Economics
  • Corporate Economics
  • Accounting
OBS

Our net balance on current account comes from adjusting our merchandise trade balance for "invisible" service items and taking into account our unilateral government aid programs. It and long-term capital movements constitute the "basic deficit" which must be offset by short-term capital movement and shipments of gold and reserve assets.

French

Domaine(s)
  • Économie nationale et internationale
  • Économie de l'entreprise
  • Comptabilité

Spanish

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