explain how to compute the overall balance and


Explain how to compute the overall balance and discuss its significance.

The overall BOP is defined by computing the cumulative balance of payments involving the current account, capital account, and the statistical discrepancies. The whole BOP is significant because it points out a country’s international payment gap that should be financed by the government’s official reserve transactions.

Request for Solution File

Ask an Expert for Answer!!
Financial Management: explain how to compute the overall balance and
Reference No:- TGS0276819

Expected delivery within 24 Hours