Thank youu also for impacts - economic growth is what I have- what else can I talk about in terms of impacts- You can discuss how a change in the current account deficit/surplus has had impacts on the Australian economy and its ability to function
- Same for Capital & Financial Account
- You could discuss the history of it, ie. moving from a cad to a current account surplus in recent years and what that means in terms of trade etc
thank youuuPersistent CAD -> Undermines external stability and Australia’s financial obligations -> risk of falling into debt cycles, can also be linked to investor confidence (more reluctant to invest) -> lack of capital inflows may reduce medium to long-term growth
Think about the IBG+ modelThank youu also for impacts - economic growth is what I have- what else can I talk about in terms of impacts
Just a few ideas off the top of my head:My essay question is on- How does BOP impact the Australian economy
How can I split my 4 paragraphs- I am struggling to arrange the content