HSC Together Year 12 Economics: Effects of these Trends on Australia’s Balance of Payments: effects of the CAD

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Effects of these Trends on Australia’s Balance of Payments: effects of the CAD

As Australia suffers from a persistent Current Account Deficit (CAD) due to outflows in the Current Account exceeding inflows, it is important to observe the positive and negative effects of this.

Watch the videos to learn how having a persistent CAD affects the economy in HSC Economics:

 

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