0 a bank account that you can take money from at any time and that usually earns little or no interest -- 活期存款帳戶；往來帳戶
Table 6 shows the current account from 1990 to 1999.
The current account deficits not only depleted gross official foreign reserves but also involved an accumulation of external debts.
The deterioration in the net foreign asset position is then followed by a current account surplus.
The current account balance seeks to take into account that deficits may require, for example, higher interest rates than in a counterfactual scenario.
That did not help current account and official reserves too much, but was partly the cause for much weaker disinflation in that time.
This conclusion is reinforced by the behaviour of the trade and current account balances.
The current account then adjusts nonmonotonically if the speed of adjustment of habits is higher than the speed of adjustment of the capital stock.
The opportunity for a successful switch may also be improved to the degree that the economy is protected from problems on the current account.
