What is BOP, The balance of payment account (BOP) account is the statement of each and

What is BOP

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) Capital account.

View Complete Question

Related Questions in International Economics

Q : Define foreign exchange Define foreign

Define foreign exchange: It is the currency other than domestic currency.

Q : Kind of exchange rate State which kind

State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?

Q : Define fixed exchange rate Fixed

Fixed exchange rate: It is the rate of exchange which is fixed by the Government in an economy.

Q : Describe the two sources of supply of

Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.

Q : Define induced investment Induced

Induced investment: It is a type of investment that is of profit motive in nature.

Q : Define flexible exchange rate Flexible

Flexible exchange rate: The rate of exchange in terms of other currencies is determined by market forces of demand-supply.

Q : Tourism services to tourist-Balance of

In which account of balance of payment tourism services to tourist are involved? Answer: Tourism services to tourist are comprised in current account of Balance of

Q : What is Fixed exchange rate system

Fixed exchange rate system (or pegged exchange rate system): This is a system in which exchange rate of a currency is fixed by government. This system makes sure stability in the foreign trade and capital movement.

Q : Define foreign exchange rate Foreign

Foreign exchange rate: The Foreign exchange rate is a price of foreign currency in terms of domestic currency.

Q : Gasoline market-Demand and supply

Let us suppose that US gasoline market has the demand and supply curvesQd = 10 – 0.5PdQs = -2 + Ps when Ps ≥ 2 and Qs = 0 if Ps < 2,

Discover Q & A

Leading Solution Library

Avail More Than 1442040 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1924277
Asked

3,689

Active Tutors

1442040

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment