There can be consequences when the amount a country spends abroad is wildly different from what it receives from the outside world The current account balance seems to be an abstruse economic concept.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. n economics, a country may face a ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Dr. Melody Bell is a personal finance expert, entrepreneur, educator, and researcher. Melody now develops ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. A single current account caters to all ...