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Comment on the subsequent statement: “Since the U.S. imports more than it exports, it is essential for the U.S. to import capital from foreign countries to finance its current account deficits.”Answer: The statement assumes that the U.S. current account deficit causes its capital account surplus. Actually, the causality may be running in the reverse direction: U.S. capital account surplus may result the country’s current account deficit. Suppose foreigners find out the U.S. a great place to invest and send their capital to the U.S., resultant in U.S. capital account surplus. This type of capital inflow will strengthen the dollar, hurting the United States export and encouraging imports from foreign countries, resulting current account deficits.
Accounting System: The accounting systems are the primary financial systems that any business should have in place to ensure accurate and usable financial information. The b
FINA310-1203B-10 Financial Management Assignment Name: Unit 2 Discussion Board Deliverable Length: 3-5 paragraphs Details: The Discussion Board (DB) is part of the core of online l
Question 1 Define 'Trust'. Explain in detail the various types of Trust Question 2 Discuss the concept of Tax Planning. Identify difference between Tax Planning and Tax Ev
What are sources of funds for an assignment?
Forward market evaluation Net receipt in 1 month = 240000 - 140000 = $100000 Nedwen Co requires to sell dollars at an exchange rate of 1.7829 + 0.003 = $1.7832 per £ Ster
aggressive policy
Classification of finance and abrief description of each source of fund
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explain the concept of working capital management?
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