Results 1 to 2 of 2

Thread: Need help

  1. #1
    New Member
    Join Date
    Oct 2018
    HSC
    2019
    Gender
    Male
    Posts
    4
    Rep Power
    1

    Need help

    What are the factors that affect Australia's current account deficit?

    Is it the structural and cyclical factors to do with BOGS and the primary account?

    Any help will be greatly appreciated.

  2. #2
    Cadet KingTings's Avatar
    Join Date
    Nov 2017
    HSC
    2019
    Gender
    Male
    Location
    Sydney, NSW
    Posts
    77
    Rep Power
    2

    Re: Need help

    Yea.
    Since the BOGS and NPI is on the current account, any deficit in those categories leads to deficits in the whole Current Account. NPI is the main contributor.
    Cyclical Factors affecting BOGS: Domestic/Global economic growth, exchange rate and terms of trade
    Cyclical Factors affecting NPI: Interest repayments and the domestic business cycle.
    Structural Factors affecting BOGS: Narrow export base and capacity constraints
    Structural Factors affecting NPI: Mainly savings and investment gap.
    HSC 2019
    English Advanced - Advanced Maths - Physics - Economics - Business Studies
    ATAR Aim: 96.5+
    Desired Course: B.Commerce (Finance) @ UNSW

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •