Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Component of balance payment:
BOP is a statement that summarises all the economic transactions between residents (individuals, companies and other organisations) of the home country and those of all other countries. BOP accounting uses the system of double-entry book-keeping meaning thereby that every debit and credit in the account is also represented as a credit or debit somewhere else. Current Account and Capital Account are the two most important components of BOP. The following is a brief review of the concepts.
BOP on Current Account kcords flows of goods and services, and unilateral transfers such as gifts. The merchandise trade account is a major part of BOP for most countries. 1f merchandise exports of a country exceeds its Conversely, if imports exceeds exports, an unfavourable balance of trade arises. In short, the difference between such exports and imports is termed as trade balance.
Non-merchandise items are known as invisibles. These are sub-divided into services, investment income and transfer payments. Services include travel and tourism, transportation, financial, insurance, government and a variety of miscellaneous services. For instance, India's software services have recently been the fastest growing services exports. Investment income refers to receipts and payments of dividends, interest and profit arising out of Indian investment abroad and foreign investment in India. Transfer payments usually are in the nature of foreign aid, grants, gifts and foreign workers' remittances to their home countries. NRI's remittances are significant component of transfer payments in India.
A recent study of long distance phone calls made from WPU, showed that the length of the calls follows the normal probability distribution with a mean of 3.2 minutes per call and a
Are there any current subsidy or welfare issues that are being discussed or addressed in parliament or in municipalities
Q. Control of ochratoxin? Control: Once ochratoxin A has been formed in a food, it is difficult to remove by most forms of food processing. Cooking with or without previous soa
Beverly enterprises owns a nursing home that is currently earning $2.0 million in cash flow on an annual basis, but this amount is expected to drop in the future. The nursing home
Your Assignment is to find a news article involving a legal issue that interests you and report on it in the Discussion Board. Please provide a link to the article so that others c
What are the different stages of analysis in planning activities?
Assume the United States has the following consumption information: GDP = Income Consumption
Explaining balance of payments: First, with the second oil shock of 1979-80 and doubling of India's import bill along with dismal export performance as result of severe
The problem with the Keynesian model We can classify two problems with the Keynesian model as developed so far: 1. Π is exogenous. Although inflation may temporarily deviate
An investor has a choice of 2 investment opportunities. The first investment yields a gain of $2800 with probability of 0.37, a gain of $1100 with probability of 0.27, and otherwis
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd