Define balance of payment or BOP
Balance of payment: It is a systematic record of each and every economic transaction of a country with the rest of world in an accounting year.
Induced investment: It is a type of investment that is of profit motive in nature.
Components of capital account of balance of payment: A) Borrowing and lending to and from abroad.B) Change in foreign exchange reserves C) Investment to and from abroad.
Describe the meaning of deficit in BOP: Whenever autonomous foreign exchange payments surpass autonomous foreign exchange receipts, the difference is termed as balance of payments deficit.
I have a problem in economics on Economic Growth. Please help me in the following question. Technological progress and resource reduction tend to join and hence a society’s curve of production possibilities experiences: (1) Expanded capacity. (2
safeguard against the crisis of confidence in system explain
State the items that are not involved in the current account of India’s Balance of payment. Answer: The capital transactions is in the form of direct and portf
Explain the Economic environment in Australia and Internationally and their factors which affect them?
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Autonomous or public investment: It is a type of investment that is not of profit motivated.
5. What are the factors responsible for the recent surge in international portfolio investment?
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