--%>
Assignment Help - homework help

Use of balance of payments

Why it would be useful to examine a balance of payments of the country data?

E

Expert

Verified

It would be useful for at least two reasons given below:

a) BOP offers complete information regarding supply and demand of country’s currency. 

b) BOP data is used for evaluation of country’s performance in the international economic competition. Such as, if the country is experiencing some type of perennial BOP deficits, it can signal that industries of the country lack competitiveness.

   Related Questions in Financial Accounting

  • Q : Personal identities-Organization health

    Personal identities: Generally employees like to work as they interact with animals and success motivates them, they learn new things in their routine job and they are a member to team.  But some job requirements like conducting euthanasia impact

    		•
  • Q : Whether MNC open their manufactoring

    For most global companies, China symbolizes a very attractive market in terms of size and growth-rate. Yet, it ranks lower in words of economic freedom and higher in political risk than other countries' markets because it has a communist government. Despite such risks

    		•
  • Q : Determining interest rate parity

    Presently, spot exchange rate is $1.50/£ and three-month forward exchange rate is $1.52/£. Three-month interest rate is 8.0% per annum within the U.S. and 5.8% per annum within the U.K. Suppose that you can borrow as much as $1,500,000 or £1,000,000.

    		•
  • Q : What is Treasury bills What is Treasury

    What is Treasury bills? What did they do?

    		•
  • Q : Report on Digital Marketing Strategy

    Working individually you are required to produce a 2000 word report based on promoting the website you developed. (Your main objective is to increase the volume of traffic to your website).You should justify the best digital communication tools and criticall

    		•
  • Q : Causes of current account deficits

    United States has experienced constant current account deficits since early 1980s. List some of the major causes of the deficits? What could be the consequences of these constant U.S. current account deficits?

    		•
  • Q : Define the term Debtor Define the term

    Define the term Debtor. Is they our client?

    		•
  • Q : Prepare the journal entry to record the

    On December 31, 20x1, the Kat Co. purchase a group of four assets for a total cost of $1,000,000. An independent appraiser assesses the fair value of each asset asfollows: Asset Fair Value Land $350,000 Building 600,000 Equipment 200,000 Fixtures 150,000 Prepare the journal entry t

    		•
  • Q : Contingent Liabilities Explain the term

    Explain the term Contingent Liabilities?

    		•
  • Q : Article on Valuation of assets Write an

    Write an article on Valuation of assets serves for both buyers and sellers of goods and services.

    		•