Official reserve account, Microeconomics

Assignment Help:

Official Reserve Account:

This part of the balance of payments informs us about how the balance of both current and capital accounts taken together is settled.Transaction in this section is called accommodating transaction. They are accommodating transaction because the funds are to make the balance of payments balance. When the net balance on the current and capital accounts is in deficit, the deficit must be settled with an equal net credit in the official reserve account. If on the other hand, a country has a surplus, the surplus must be used up to balance the balance of payments.


Related Discussions:- Official reserve account

The marketing system, Which of the following industries do you think are li...

Which of the following industries do you think are likely to exhibit large economies of scale? Explain why in each case. a. House building b. Electricity generation c. Market ga

Slustky equation, how slustky equation provides neat analytical expression ...

how slustky equation provides neat analytical expression for substitution and income effect?

Labor Economics, What is Nancy’s lifetime income as a function of her level...

What is Nancy’s lifetime income as a function of her level of schooling, S? 2. What is Nancy’s lifetime income if she gets no schooling? What is it if she goes to school for all 60

Perceived value pricing, Perceived Value Pricing This refers to a prici...

Perceived Value Pricing This refers to a pricing strategy that dictates that the price of a given item will be set based on the customer's perception of the value of that item

Capitalist economy, Capitalist Economy: Under capitalist economy factors of...

Capitalist Economy: Under capitalist economy factors of production are owned and managed by private entrepreneurs. Production takes place on. the initiative an enterprise of the pe

Hydrogen alkali and alkaline earth metals, Hydrogen, Alkali and Alkaline ea...

Hydrogen, Alkali and Alkaline earth metals Lithium atom and ion are very small and are comparable in sizes to those of Mg. Their polarizing power (charge / radius) are almost t

Production function and returns to factors, what is the law of diminishing ...

what is the law of diminishing marginal product? explanation with the help of proper schedule and diagram.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd