IB Economics 4.6.6 Implications of a Persistent Current Account Deficit Flashcards

Flashcards for 4.6.6 Implications of a Persistent Current Account Deficit (HL Only)

These interactive flashcards help IB Economics students Standard Level (SL) and Higher Level (HL) quickly review and memorize the essential definitions, formulas, and terms needed for success in IB Exams.

Each card focuses on 4.6.6 Implications of a Persistent Current Account Deficit (HL Only) and is aligned with the IB Economics syllabus, ensuring focused revision on microeconomics, macroeconomics, and international trade.

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A country runs a persistent current account deficit. Predict the effect on its exchange rate and explain the market mechanism.

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Exchange rate depreciates.
High imports increase the supply of the domestic currency on the forex market, while low exports decrease its demand.

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