What is non-price competitiveness?

The data show the euro area's main counterparties (non-euro area countries) in the current account in goods and services, as well as in primary and secondary ... Aug 1, 1992 ... We find that country-specific productivity shocks tend to worsen the current account, whereas global shocks have little effect. Both types of shock raise ... Feb 22, 2016 ... If a country's exports are smaller than its imports, we say that the country runs a current account deficit, or is a net borrower from the rest ... Abstract. Merchanting is goods trade that does not cross the border of the firm's resident country. Merchanting grew strongly in the last decade in select ... You report the accounts by filing a Report of Foreign Bank and Financial Accounts (FBAR) on Financial Crimes Enforcement Network (FinCEN) Form 114. A nation has a trade deficit if its imports exceed its exports. Because the trade balance is typically the largest component of the current account, a current ... Note: Current account deficits and surpluses do not add up to zero at the world level, due to imperfect geographic coverage and cross-country differences in ... Oct 27, 2016 ... Since 2010, the increase in the current account has been accompanied by fiscal surpluses, with the German government moving from a deficit of 4% ... One of three components of a country's balance of payments system, the current account is the country's trade balance, or the balance of imports and exports of ... If you are legally resident in an EU country you are entitled to open a "basic payment account". Banks cannot refuse your application for a basic payment ...