Balance of trade
Which transactions find out the balance of trade? When the balance of trade is in surplus?
Expert
Exports of goods and imports of goods find out BOT. Whenever the value of exports of goods is bigger than the value of imports of goods.
Examining US–Canadian imports-exports and analyzing a call to protect the US lumber business.
Differentiate among current account and capital account of balance of payment account. State any two transactions of capital account. Answer: Q : International trade product life cycle I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
I NEED TO UNDERSTAND MORE ABOUT PRODUCTION POSSIBILITY FRONTIER
Assume that El Salvador can generate coffee at lower opportunity costs than Spain, whereas Spain can generate olive oil at lower opportunity costs than El Salvador. The citizens of both countries can potentially profit from international trade since of the efficiency
what are the techniques of balance of payment?
If the Chinese economy could create all goods with fewer resources per unit than are needed in US, the citizens of China would: (i) Encompass a comparative advantage in the whole thing. (ii) Be self-sufficient since there would be no potential profits from trade. (iii
Explain all the approaches of Paul Samuelson.
State which kind of exchange rate has no official intervention in foreign exchange market? How it is recognized?
Who was responsible for setting the tone for following generations of economists?
Why foreign currency or exchange is required? Answer: a) To buy services and goods from other countries. b) To send a gift abroad. c) To buy financial assets in a specific country and d) To contem
18,76,764
1937666 Asked
3,689
Active Tutors
1429206
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!