Balance of trade
Which transactions find out the balance of trade? When the balance of trade is in surplus?
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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.
Explain the Economic environment in Australia and Internationally and their factors which affect them?
Describe which of the following is a visible and which is invisible item in Balance of payments. (a) Export of jute product (b) Software services exports. Answer: Q : Write short notes on autonomous distinguish between autonomous transactions and accommodating transactions under balance of payments
distinguish between autonomous transactions and accommodating transactions under balance of payments
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Name the accounts in the balance of payments (BOP)? Answer: a. Current account: It exhibits the imports and exports of services and goods and transfer payments.b. Capital Account: It exhibits the assets and li
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Let us suppose that US gasoline market has the demand and supply curvesQd = 10 – 0.5PdQs = -2 + Ps when Ps ≥ 2 and Qs = 0 if Ps < 2, Q : What does a deficit in balance of trade Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
Deficit in balance of trade point: Deficit in balance of trade points out that the imports of good are bigger than exports.
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