HSC Together Year 12 Economics: Causes of high CAD and Positive and Negative Effects

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Causes of high CAD and Positive and Negative Effects

Although there are negative effects of having a high Current Account Deficit (CAD), such as higher servicing costs and loss of confidence, there are also positive effects.

Watch the video to learn more about causes of a high CAD and positive and negative effects in HSC Economics:

 

 

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