Balance of trade on current account refers to (a) the difference between the value of merchandise trade

Question:

Balance of trade on current account refers to

(a) the difference between the value of merchandise trade and invisible trade.

(b) the difference between the value of only visible exports and imports.

(c) the difference between the value of merchandise trade, invisible trade and unrequited transfers.

(d) the difference between the value of only invisible trade.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

See More Books

Question Posted: Nov 15, 2024 06:00 AM

See More Questions

Give the order of magnitude () for the following algorithm. Explain why your answer is correct. GET VALUES for A1, A2, ..., An, and B, B2, ..., Ba Get value of n /* set i equal to 1 */ /* for each of...
Create slides, in which you address the following questions, in this order: 1. Goals: What the project hopes to accomplish. 2. Critical Success Factors: Identify at least 4 different stakeholders ;...
Effect of flow rate on exit temperature from a heat exchanger (a) Repeat parts (b) And (c) Of Problem 14A.2 for oil flow rates of 200, 400, 800, 1600, and 3200 lb m /hr. (b) Calculate the total heat...
Balance of trade on current account refers to (a) the difference between the value of merchandise trade and invisible trade. (b) the difference between the value of only visible exports and imports....
The accounting records of Router Wireless include the following as of December 31, 2016: Accounts Payable.........$ 69,000 Mortgages Payable (long-term) ..... 75,000 Interest Payable......... 21,000...
As you have learned in ACC213 Introduction to Income Tax, Section 96(1) of the Income Tax Act 1947 ("ITA") sets out the penalties for tax evasion, being triple the quantum undercharged and/or...
Balance of trade refers (a) to the difference between the value of visible exports and imports. (b) to the difference between the value of only invisible exports and imports. (c) to the difference...
Balance of trade on current account is said to be favourable if (a) the value of invisible and visible exports exceed the value of imports of these two items. (b) the value of visible and invisible...
What are two factors that should be considered by the cost accountant in selecting a procedure for recording scrap?
Jack is planning for the audit of payroll at Cloud Payroll Services. A substantive approach is planned for this cycle. The main risks he has identified include occurrence and completeness of wages...
Arterial blood is drawn from your patient, and the following gas partial pressures are found: Oxygen (02) ? torr Argon (Ar) 7.00 torr Carbon dioxide (CO2) 40.0 torr Nitrogen (N2) 600. torr If the air...
3-30. Locate the committee reports associated with each of the following code sections using a tax service such as Checkpoint. Give the public law (P.L.) number of the most recent committee report...
Plan production for a four-month period (February through May). Given information: For February and March, you should produce to exact demand forecast. For April and May, you should use overtime and...
Need some help with this java assignment Compilers render normal infix expressions into postfix expressions. Postfix notation allows expressions to be written without parenthesis or the strange rules...
A film of MgF2 (n = 1.38) having thickness 1.00 x 10-5 cm is used to coat a camera lens. Are any wavelengths in the visible spectrum intensified in the reflected light?
Write a paper by answer the following question: Should Recycling Be Mandatory?

Balance of trade on current account refers to (a) the difference between the value of merchandise trade

Question:

Step by Step Answer:

Macroeconomics

Students also viewed these Business questions