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.
Name the accounts in the balance of payments (BOP)? Answer: a. Current account: It exhibits the imports and exports of services and goods and transfer payments.b. Capital Account: It exhibits the assets and li
Balance of payment Accounts: It is the systematic record of all economic transactions among the residents of a country and rest of the world in a specified period (1-year) of time.
Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.
China is a huge manufacturer of technology of telephone devices. It has lately become a member of W.T.O. that means it can sell its products in other member countries such as India. Assume that it does export a big number of telephone instruments to India:
What challenges are facing lone mill mine and what strategies can be used
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
The practice considers the Treasury’s elucidation of the consequence on macroeconomic adjustment of joining the euro.
When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
distinguish between autonomous transactions and accommodating transactions under balance of payments
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