can anybody explain to me structure of the current account? thx very much
- Goods
- Services
- Current Transfer
Outflow : Payments made by the UK to EU
Inflow : Foreign aid received by third-world countries
- Income
Rent on property owned overseas
Interest in loans granted overseas
Interest in savings overseas
Divided in foreign company shares
Profit in company owned overseas
British working in Dubai - Income wired back to the UK