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In 2 0 2 0 , Germany had a balance of trade surplus of 1 9 3 billion. In that year, Germany's exports of goods
In Germany had a balance of trade surplus of billion. In that year, Germany's exports of goods must have been its imports of goods. In Germany had a current account surplus of billion. Is it possible for Germany's current account surplus to be larger than its trade surplus? A Yes, as long as the sum of the other components in the current account other than trade was negative.
In Germany had a balance of trade surplus of billion. In that year, Germany's exports of goods must have been its imports of goods.
In Germany had a current account surplus of billion. Is it possible for Germany's current account surplus to be larger than its trade surplus?
A Yes, as long as the sum of the other components in the current account other than trade was negative.
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