--%>

Determining total receipts-Balance of Payment

When Balance of payment of a country is Rs (-) 100 crores and total payment are Rs 500 crores. Determine its total receipts.

E

Expert

Verified

Balance of Payment = Total receipts - Total payments
Total receipts = Total Payment + BOP
 =500 + (-100)
 =500 – 100 = 400

   Related Questions in International Economics

  • Q : What is BOP The balance of payment

    The balance of payment account (BOP) account is the statement of each and every economic transaction which takes place between a nation and rest of the world throughout a particular period. BOP account generally comprises of (a) Current account and (b

  • Q : Lone mill mine What challenges are

    What challenges are facing lone mill mine and what strategies can be used

  • Q : Problem on completely employed economy

    In a completely employed economy, the higher the yield of capital goods, and the bigger its: (1) Present living standards. (2) Present output of consumer goods. (3) Growth of capacity for the future production. (4) Rates of inflation and unemployment.

  • Q : Who rediscovered Bachelier’s thesis Who

    Who rediscovered Bachelier’s thesis?

  • Q : Circular flow model In simple circular

    In simple circular flow model, the only entities which finally consume goods, own resources, pay taxes or bear the loads of inflation, experience joy, or suffer pain, are as: (i) corporations. (ii) Households. (iii) Government agencies. (iv) Business

  • Q : Write short notes on autonomous

    distinguish between autonomous transactions and accommodating transactions under balance of payments

  • Q : How Balance of payments always balances

    Balance of payments (BOP) always balances. Describe it. Answer: Balance of payments is for all time balanced. The negative balance on current account is equated wit

  • Q : Why Demand for foreign exchange is made

    Demand for foreign exchange is prepared to: (A) Purchase services and goods (B) Send gifts and funding(C) Speculate the value of foreign currencies, (D) Invest and procure financial assets

  • Q : Setting tone for subsequent generations

    Who was responsible for setting the tone for following generations of economists?

  • Q : Determinants of market market structure

    market structure and price-output determination