Balance of payment, Microeconomics

Balance of payment:

It is an account that summarizes a country’s total payments and total receipts from international economic transactions within a specific period usually one year.

The current account is subdivided into three main items: merchandise imports and exports. Services imports and exports and unilateral transfers. Merchandise imports and exports are also referred to as visible trade and services imports and exports and unilateral transfers dubbed invisible trade.

Posted Date: 1/3/2013 12:47:16 AM | Location : United States







Related Discussions:- Balance of payment, Assignment Help, Ask Question on Balance of payment, Get Answer, Expert's Help, Balance of payment Discussions

Write discussion on Balance of payment
Your posts are moderated
Related Questions

Marginal revenue: Marginal revenue is the change in total revenue with respect to a change in quantity sold. That is, it is the change in total revenue that results from the s

suppose either computers or televisions can be assembled with the following labor inputs: units produced: 1 2 3 4 5 6 7 8 9 10 total labor used: 3 7 12 18 25 33 42 54 70 90 Draw th

Uses of population census: It is used to determine the size and the growth rate of the population at a country. The helps the government in planning for education, transporta

What is the theory of Second Best? Prove the theorem with the help of a diagram.

How many half-lives are required for the concentration of reactant to decrease to 1.56% of its original value?

What caused the productivity slowdown?  Observers have pointed to 4 factors--Oil prices, baby boom, increased problems of economic measurement and environmental protection expe

why s-block elements are powerful reducing agent?

Define law of supply.  Quantity supplied rises as price raises, other things constant. In other words, "Other things being equivalent, when the price of a product rises, then s

5 reasons of make in contruction a ppc