Current Account: Definition and What Influences It.

What is the Current Account? The current account is the sum of a country’s net trade in goods and services, net earnings from rents, interest, and dividends, and net transfer payments (such as foreign aid). The current account balance is an important indicator of a country’s economic health. What Is the difference between the current … Read more

What is social responsibility?

The definition of social responsibility – a term also known as corporate social responsibility or corporate social responsibility – refers to the initiatives of the company itself to evaluate and assume responsibility for the effects of its production on social and environmental well-being. It is also understood that the concept of social responsibility goes beyond … Read more