• 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
1. dia
1. dia

... Radical and rapid opening had high costs, but they could not be entirely saved, they greatly contributed to successful restructuring and improvement competitiveness of these economies. ...
Document
Document

... Given that the budget deficit decreased dramatically and actually turned into a budget surplus in the late 1990s, we should have witnessed a decrease in the U.S. trade deficit, everything else being equal. However, once again looking at Figure 2.4, you see that the trade deficit actually increased d ...
Sample questions
Sample questions

... For each of the following state whether it is expected to cause (all else held constant): 1) an appreciation of the USD (A); 2) depreciation of the USD (B); 3) no effect on the value of the USD (C) ...
Emerging markets reserve accumulation
Emerging markets reserve accumulation

... rose about 28% last year, according to the S&P GSCI Index, and comprise a big part of the developing world’s exports. Capital inflows, which in emerging markets, excluding China, were up nearly 60% last year to $192 billion, have also bolstered reserve levels for these countries. Globally, total res ...
Hong Kong Economic Situation and Insurance Industry
Hong Kong Economic Situation and Insurance Industry

... • Only 40% working population pay salary tax • For those who pay the standard tax rate (less than 1%) are responsible for more than 20% of the salary tax revenue • Government becomes serious on GST ...
Essay Questions: Please answer all of the essay question using a
Essay Questions: Please answer all of the essay question using a

... affect the ability of a monopolist to earn pure economic profit in both the short run and long run. (7 pts.) 4. The U.S. economy is experiencing a decrease in home prices and consumer wealth, a credit crisis in the financial markets, and declining consumer and business confidence. What components of ...
Suriname_en.pdf
Suriname_en.pdf

... the US$ 1 throughout 2009, but was traded in parallel markets at rates as high as SRD 3.15 to US$1. Many domestic transactions for imported durable goods are denominated in United States dollars, which fuels additional demand for the currency. In addition, Chinese retailers buy United States dollars ...
Germany: The Reluctant Superpower
Germany: The Reluctant Superpower

... powerhouse. It was easy to move goods around the newly formed nation and to export them. In fact, Germany even had ocean access through the Baltic Sea. As the German economy rapidly grew from its founding in 1870 into the early part of the 20th century, the country was becoming a threat to the estab ...
Global economic growth remains moderate. Subdued international
Global economic growth remains moderate. Subdued international

... Subdued international trade and industrial production weighed on quarter one growth outcomes for advanced and emerging economies, as well as some of Fiji’s major trading partner countries. ...
MACRO 1-page graph summary 2011
MACRO 1-page graph summary 2011

... Savings Function slope = MPS Increases in DI moves you along line. S & C always shift in different directions EXCEPT for ∆Taxes or Transfers will shift S + C in same direction. (warning: right shift is a decrease!!) ...
14.02 Principles of Macroeconomics
14.02 Principles of Macroeconomics

... There are two effects on the trade balance: on the one hand, foreigner are richer, they want to buy more of our goods. On the other hand, this increase in the demand for domestic goods increases our output and therefore increases our own demand for foreign goods, which dampens the first effect. The ...
Document
Document

... negative, or debt, in the appropriate balance of payments account. Similarly, any transaction that results in money entering the country (such as an export) will be entered as a positive, or credit, in the appropriate account. ...
Competitiveness and Growth
Competitiveness and Growth

... important both exports and imports.  Clearly trade competitiveness was a precondition for growth.  And as with companies successful countries adapt to their environment.  Most debacles had very slow import growth. IE their slow growth was not because they were over whelmed by imports. ...
Foreign Exchange Reserves in East Asia: Why the High Demand?
Foreign Exchange Reserves in East Asia: Why the High Demand?

... There is a growing debate about the need to hold so many reserves. Some critics point out that holding a lot of reserves is costly. Reserves held in U.S. Treasuries, for example, earn a modest return, far below these countries’ own cost of borrowing either in local currency or in dollars.Why hold ca ...
National Income Accounts
National Income Accounts

... a current account deficit implies a financial capital inflow or negative net foreign investment. ...
Why Dollarization Is More Straitjacket Than Salvation
Why Dollarization Is More Straitjacket Than Salvation

... given the chance. Pegged rates, or even dollarization, are seen as the remedy to chronic, irremediable irresponsibility. Although many developing-country governments or central banks are certainly not blameless, their actual practices are much less irresponsible and irremediable than often claimed. ...
The stock-flow consistent approach
The stock-flow consistent approach

... and useful in the case of portfolio choice with several assets, where any change in the demand for an asset, for a given amount of expected or end-of-period wealth, must be reflected in an overall change in the value of the remaining assets which is of equal size but opposite sign (cf. Tobin) ...
The Classical Model and Macroeconomic Policy
The Classical Model and Macroeconomic Policy

... savings accounts, stocks, or bonds. This supply and demand for funds provides the basic structure of one of the key markets in the circular flow - the domestic capital market. The second term in parentheses (X-M) represents the balance in the foreign currency market because all international transa ...
Global 197 – Special Topics (Mehta)  Global Economic Imbalances and Financial Crises: An Introduction 
Global 197 – Special Topics (Mehta)  Global Economic Imbalances and Financial Crises: An Introduction 

... surpluses of oil producing governments and Western private interests in the in the 1970s, has increasingly come  from  the  trade  surpluses  of  export‐oriented  Asian  economies  starting  in  the  1990s.    The  US,  UK  and  several  other OECD countries have run growing trade deficits that make ...
Foreign Exchange and the Canadian Dollar: A
Foreign Exchange and the Canadian Dollar: A

... those supply and demand pressures? To a small degree, real economic factors like trade and foreign investment flows might influence exchange rates. A country with a trade surplus (exporting more than it imports), or experiencing a strong inflow of foreign investment, might experience appreciation – ...
3 Hours. Maximum Marks – 100 - Dwarka International School
3 Hours. Maximum Marks – 100 - Dwarka International School

... 1. . Involuntary unemployment occurs when those who are able and willing to work at the prevailing wage rate do not get work. 2. Multiplier Infinity ...
A-level Economics Question paper Unit 02 - The National
A-level Economics Question paper Unit 02 - The National

... Which one of the following is most likely to reduce inflationary pressures in the UK economy? A ...
Currency Press release
Currency Press release

... At 23 December 2016, the stock of currency was $100.1 billion, representing an increase of 15.9 per cent, relative to 23 December 2015. When the forecasted change in the consumer price index for December is taken into account, the real growth in currency for the period was 13.8 per cent, which is mu ...
Slajd 1 - Uniwersytet Warszawski
Slajd 1 - Uniwersytet Warszawski

... positions • Old cost measures focused on CB balance sheet ...
Policy Note THE FUTURE OF THE DOLLAR Has the Unthinkable Become Thinkable?
Policy Note THE FUTURE OF THE DOLLAR Has the Unthinkable Become Thinkable?

... economy. Underutilized capacity, combined with a high level of indebtedness in the U.S. corporate sector, implies that business investment will be depressed for a long time to come. Despite falling stock prices and contraction of business investment, a consumption boom has continued, kept alive by a ...
< 1 ... 151 152 153 154 155 156 157 158 159 ... 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