• Study Resource
  • Explore
    • Arts & Humanities
    • Business
    • Engineering & Technology
    • Foreign Language
    • History
    • Math
    • Science
    • Social Science

    Top subcategories

    • Advanced Math
    • Algebra
    • Basic Math
    • Calculus
    • Geometry
    • Linear Algebra
    • Pre-Algebra
    • Pre-Calculus
    • Statistics And Probability
    • Trigonometry
    • other →

    Top subcategories

    • Astronomy
    • Astrophysics
    • Biology
    • Chemistry
    • Earth Science
    • Environmental Science
    • Health Science
    • Physics
    • other →

    Top subcategories

    • Anthropology
    • Law
    • Political Science
    • Psychology
    • Sociology
    • other →

    Top subcategories

    • Accounting
    • Economics
    • Finance
    • Management
    • other →

    Top subcategories

    • Aerospace Engineering
    • Bioengineering
    • Chemical Engineering
    • Civil Engineering
    • Computer Science
    • Electrical Engineering
    • Industrial Engineering
    • Mechanical Engineering
    • Web Design
    • other →

    Top subcategories

    • Architecture
    • Communications
    • English
    • Gender Studies
    • Music
    • Performing Arts
    • Philosophy
    • Religious Studies
    • Writing
    • other →

    Top subcategories

    • Ancient History
    • European History
    • US History
    • World History
    • other →

    Top subcategories

    • Croatian
    • Czech
    • Finnish
    • Greek
    • Hindi
    • Japanese
    • Korean
    • Persian
    • Swedish
    • Turkish
    • other →
 
Profile Documents Logout
Upload
Economic Environment for Business (5571)
Economic Environment for Business (5571)

... supply. How much milk will be supplied? C. Who gets the milk? D. The plan achieves the income objective but what else has it done? There are costs involved with tampering with the price mechanism. What are they? Now suppose the government establishes a price ceiling of $0.50 per ...
NOTES ON METHODOLOGY Gross domestic product and main
NOTES ON METHODOLOGY Gross domestic product and main

... Decline of the value of capital stock caused by other flows that are not part of GDP (outside production boundaries) are not included into the consumption of fixed capital. Other flows are recorded as other changes in volume of fixed assets (acts of war, natural catastrophes, etc.) and nominal holdi ...
The global context
The global context

... global sourcing by firms. c) Give a factor that has resulted in globalisation. d) Give a benefit of globalisation. e) Give a problem resulting from globalisation. 4. Students sit down as they get answers wrong. The winner is the last student standing. 5. Questions will need rewording depending on ho ...
Ec11 Final Spring 2005 Prof
Ec11 Final Spring 2005 Prof

... a. less expensive relative to foreign goods, which makes exports fall and imports rise. b. more expensive relative to foreign goods, which makes exports fall and imports rise. c. less expensive relative to foreign goods, which makes exports rise and imports fall. d. more expensive relative to foreig ...
Potential and Limitations of Pro-Poor Macroeconomics: An Overview  Giovanni Andrea Cornia
Potential and Limitations of Pro-Poor Macroeconomics: An Overview Giovanni Andrea Cornia

... While the research evidence shows that budgetary stability is a necessary — though not sufficient — pre-condition for PPG (Klasen 2004), several countries are characterized by a weak fiscal policy. This is most often due to the inability or unwillingness to raise an adequate amount of tax revenue — ...
Final
Final

... demand for imports. This raises net exports, which increases the demand for dollars in the market for foreign currency. The real exchange rate of the U.S. dollar will appreciate, and the net effect will be no change in the trade balance. The level of net exports ultimately depends upon domestic savi ...
Capital Flows, Exchange Rates, and The Financial Crisis
Capital Flows, Exchange Rates, and The Financial Crisis

...  Crisis becomes global  Collapse in global demand and capital flows (particularly in the 4th quarter)  Accelerated deleveraging (financial institutions, hedge ...
NOTAS38ING_en.pdf
NOTAS38ING_en.pdf

... fiscal solvency, we cannot forget that the region’s public debt levels are high. Secondly, faced with the very positive data that we are seeing, we must wonder whether we are in the presence of a qualitative leap in the region’s growth trajectory. Is Latin America on the threshold of a process such ...
Economic Insight:
Economic Insight:

... so, they had to gradually make use of their foreign exchange reserves. As shown in Figure 1, the total level of global foreign exchange reserves has been following a downward trend since mid-2014. It is important to note, however, that reserves do not simply represent quantities of money: their valu ...
Lecture Slides Chapter 05
Lecture Slides Chapter 05

... Fairness of Antidumping Laws 1) Average Variable Cost: Current definition of dumping implies any price below average total cost indicates dumping; however lower price still above average variable cost would not necessarily imply dumping 2) Exchange Rates: An increase in the exchange rate value of t ...
Chapter 14:
Chapter 14:

... cannot occur under a common currency. Indeed, with a common currency there also is no risk of currency realignments that can take place under fixed exchange rates among multiple currencies. Another argument is that adopting a common currency provides a basis for lower European-wide inflation if the ...
2016 economic review 2017 forecast
2016 economic review 2017 forecast

... High and/or rising levels of indebtedness remain a challenge for many BMCs, with increasing debt service payments crowding out productive expenditure that is critically needed to stimulate growth. Table 2 shows debt-to-GDP ratios fell in five BMCs as at the end of 2016. Grenada and Jamaica benefited ...
Economics-GCE-Year-1-Unit-2
Economics-GCE-Year-1-Unit-2

... What are the types of government expenditure and what determines their size? How much choice does the government have over its spending in the short run / long run? How does the difference between imports and exports affect AD? What Exports & Imports determines the level of exports / imports? Why is ...
IMF eLibrary Brochure 2015
IMF eLibrary Brochure 2015

... The IMF’s statistical data delivers the most authoritative economic reporting from the most countries in a single resource. IMF data includes many additional valuable datasets, and all the supporting manuals and guides for statistical content. Traditional formats for updates and Yearbooks are helpfu ...
Fiscal Policy and Exchange Rate Regimes
Fiscal Policy and Exchange Rate Regimes

... abandoning the exchange rate peg in order to print money. These concerns break the tight link between domestic and foreign interest rates. As interest rates rise, the government’s debt service costs rise. When the government becomes unable to raise more taxes or cut enough spending to service the de ...
Recent Financial Crises
Recent Financial Crises

... global growth revival will support exports and, thus, economic growth in 2013, with GDP increasing by about 4% in 2013. • Lower fiscal expenditures will weigh on domestic demand growth but its impact should be partially offset by resuming bank lending. • If the October’s elections are recognized as ...
East Asian Crisis: Summary
East Asian Crisis: Summary

... turnarounds were seen in 4 countries: Indonesia, Korea, Malaysia and Thailand. In this section, we examine similar features of the economic events in the latter three countries. Along many dimensions, Indonesia faced the most severe changes in conditions. However, Indonesia also experienced a dramat ...
1 - ANU Press
1 - ANU Press

... solution to problems of United States deficits that do not involve adjustment on the American side. However, there are still powerful reasons why large appreciation of the yuan is required—much larger than is currently considered a possibility by anyone in China. Fan (Chapter 6) takes a different vi ...
9.1 Internal Balance and External Balance
9.1 Internal Balance and External Balance

...  In Quadrant I: An appreciation of its currency decreases the international competitiveness of its goods and leads to a fall in export, which, on the one hand, decreases its BP surplus, and on the other hand, reduces its aggregate demand and thus output, lessening its inflation.  In Quadrant III: ...
20116822454122
20116822454122

...  In Quadrant I: An appreciation of its currency decreases the international competitiveness of its goods and leads to a fall in export, which, on the one hand, decreases its BP surplus, and on the other hand, reduces its aggregate demand and thus output, lessening its inflation.  In Quadrant III: ...
Course Student Name
Course Student Name

... Given this situation of a depreciation of the domestic currency, suppose that the Mexican government decided to regulate the price of its currency to keep it from depreciating. Suppose that the government instituted a minimum price of 1.00 euro. Would this be a price ceiling or a price floor? __ _ _ ...
I. ECONOMIC ENVIRONMENT (1) 1. The Republic of Turkey has a
I. ECONOMIC ENVIRONMENT (1) 1. The Republic of Turkey has a

... (SBAs) with the IMF4, have been successful in stabilizing its economy, and contributing to high economic growth, rapid disinflation, and declining public and external debt burdens. Recent reforms have also been aimed at bringing Turkey closer to its goal of EC accession. At present, Turkey is an upp ...
Opportunity cost, E - James Green
Opportunity cost, E - James Green

... or patterns to shade in consumer surplus, producer surplus, and deadweight loss. g) If the price floor is removed, why do we expect the market equilibrium price to return to its value in part (a)? Or, in other words, why is this an equilibrium in the first place? Try to explain as clearly as possibl ...
Monetary Policy in the Euro-zone Does `one size fit all`? (This case
Monetary Policy in the Euro-zone Does `one size fit all`? (This case

...  Unreliable relationship between money supply and inflation. This a particular problem for the ECB where there is no history of measuring the money supply in euros. Goodhart’s law could be a particular problem here.  Members of the general public will be less sympathetic to targeting the money sup ...
Front User guide World view People Environment
Front User guide World view People Environment

... that official GDP estimates use an accurate picture of the economy’s structure. In 2014 several African countries revised their national accounts estimates by incorporating new data sources to ensure coverage of economic activities, including new activities, new ...
< 1 ... 105 106 107 108 109 110 111 112 113 ... 208 >

Balance of payments

The balance of payments, also known as balance of international payments and abbreviated BoP or BP, of a country is the record of all economic transactions between the residents of the country and the rest of the world in a particular period (over a quarter of a year or more commonly over a year). These transactions are made by individuals, firms and government bodies. Thus the balance of payments includes all external visible and non-visible transactions of a country . It represents a summation of country's current demand and supply of the claims on foreign currencies and of foreign claims on its currency..These transactions include payments for the country's exports and imports of goods, services, financial capital, and financial transfers.It is prepared in a single currency, typically the domestic currency for the country concerned. Sources of funds for a nation, such as exports or the receipts of loans and investments, are recorded as positive or surplus items. Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items.When all components of the BOP accounts are included they must sum to zero with no overall surplus or deficit. For example, if a country is importing more than it exports, its trade balance will be in deficit, but the shortfall will have to be counterbalanced in other ways – such as by funds earned from its foreign investments, by running down central bank reserves or by receiving loans from other countries.While the overall BOP accounts will always balance when all types of payments are included, imbalances are possible on individual elements of the BOP, such as the current account, the capital account excluding the central bank's reserve account, or the sum of the two. Imbalances in the latter sum can result in surplus countries accumulating wealth, while deficit nations become increasingly indebted. The term balance of payments often refers to this sum: a country's balance of payments is said to be in surplus (equivalently, the balance of payments is positive) by a specific amount if sources of funds (such as export goods sold and bonds sold) exceed uses of funds (such as paying for imported goods and paying for foreign bonds purchased) by that amount. There is said to be a balance of payments deficit (the balance of payments is said to be negative) if the former are less than the latter. A BOP surplus (or deficit) is accompanied by an accumulation (or decumulation) of foreign exchange reserves by the central bank.Under a fixed exchange rate system, the central bank accommodates those flows by buying up any net inflow of funds into the country or by providing foreign currency funds to the foreign exchange market to match any international outflow of funds, thus preventing the funds flows from affecting the exchange rate between the country's currency and other currencies. Then the net change per year in the central bank's foreign exchange reserves is sometimes called the balance of payments surplus or deficit. Alternatives to a fixed exchange rate system include a managed float where some changes of exchange rates are allowed, or at the other extreme a purely floating exchange rate (also known as a purely flexible exchange rate). With a pure float the central bank does not intervene at all to protect or devalue its currency, allowing the rate to be set by the market, and the central bank's foreign exchange reserves do not change, and the balance of payments is always zero.
  • studyres.com © 2025
  • DMCA
  • Privacy
  • Terms
  • Report