The current account deficit represents the extent to which a nation's:

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The current account deficit represents the overall balance of a nation's international transactions, including trade in goods, services, and current transfers. A current account deficit means that a country is spending more on imports, foreign investments, and foreign aid than it is earning through exports, investments, and other sources. This implies that the country's spending exceeds its income, which is represented by the current account deficit.

The Current Account Deficit Represents the Extent to Which a Nation's