11.1 Policies to correct disequilibrium in the balance of paymentsSyllabus9708–2026–2027Topic11.1LevelA2
What you’ll learn3 learning objectivesChoose one objective for a focused lesson, or study the complete topic.11.1.1Balance of payments accounts• Components of the balance of payments accounts: current account, financial account and capital accountSyllabus objective11.1.2Policies and balance of payments• Effect of fiscal, monetary, supply-side, protectionist and exchange rate policies on the balance of paymentsSyllabus objective11.1.3Switching vs reducing policies• Difference between expenditure-switching and expenditure-reducing policiesSyllabus objective