precipitation is the biggest determinant of climate in venezuela.
precipitation is the biggest determinant of climate in venezuela.
what is the biggest determinant of climate in venezuela?
precipitation
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a nation's current account balance is influenced by numerous factors – its trade policies, exchange rate, competitiveness, forex reserves, inflation rate and others.









































since the trade balance (exports minus imports) is generally the biggest determinant of the current account surplus or deficit, the current account balance often displays a cyclical trend. during a strong economic expansion, import volumes typically surge; if exports are unable to grow at the same rate, the current account deficit will widen. conversely, during a recession, the current account deficit will shrink if imports decline and exports increase to stronger economies.
current account