Answer-Current account deficit denotes:

Current account deficit is a measurement of a countryrsquos trade where the value of the goods and services it imports exceeds the value of the goods and services it exports. The current account also includes net income, such as interest and dividends, as well as transfers, such as foreign aid, though these components make up only a small percentage of the current account when compared to exports and imports. Along with the capital account, is a component of a countryrsquos balance of payment