Describe balance of payment Accounts
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.
The balance of payment account (BOP) account is the statement of each and every economic transaction which takes place between a nation and rest of the world throughout a particular period. BOP account generally comprises of (a) Current account and (b
Which transactions find out the balance of trade? When the balance of trade is in surplus?
suppose that an investor has an extra cash reserve of $1000000 to invest for one year. annually rate is 10%
Who was 1970 Nobel Laureate in Economics?
Induced investment: It is a type of investment that is of profit motive in nature.
Who won the Nobel Prize for Economics in 1997?
Define foreign exchange: It is the currency other than domestic currency.
5. What are the factors responsible for the recent surge in international portfolio investment?
If a Hawaiian can produce 50 bushels of either potatoes or pineapples per acre, whereas an Idahoan manages just 3 bushels of pineapples or 30 bushels of potatoes per acre, then: (1) Idaho’s absolute drawbacks prevent gains from specialization and exchange. (2) T
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