write short notes on autonomous transactions and accommodating transac
distinguish between autonomous transactions and accommodating transactions under balance of payments
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
The professor wants to narrow it down to one or two wars that have affect global economies.
Explain all the approaches of Paul Samuelson.
In a completely employed economy, the higher the yield of capital goods, and the bigger its: (1) Present living standards. (2) Present output of consumer goods. (3) Growth of capacity for the future production. (4) Rates of inflation and unemployment.
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.
5. What are the factors responsible for the recent surge in international portfolio investment?
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : Determinants of market market structure market structure and price-output determination
market structure and price-output determination
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Describe the two sources of supply of foreign exchange: The two sources of supply of foreign exchange are: Exports and foreign tourism.
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