Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 28, 2020

Why balance of payments is always balance?

Step by Step Solution

★★★★★

3.56 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

Because the balance of payments is based on a twodimensional accounting system the total flow should ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International marketing

Authors: Philip R. Cateora, Mary C. Gilly, John L. Graham

15th Edition

9789339204464, 9780073529943, 9339204468, 007352994X, 978-0077446956

More Books

Students also viewed these Economics questions

Question

★★★★★

Why does the balance of payments always balance, even though the balance of trade does not?

Answered: 1 week ago

Question

★★★★★

Why do the balance of payments accounts always balance?

Answered: 1 week ago

Question

★★★★★

Why must a country's balance of payments always be balanced in theory?

Answered: 1 week ago

Question

★★★★★

What is the future value of the following cash flows, given an appropriate discount rate of 7.74% (to the nearest penny)? Year 1 Year 2 Year 3 Year 4 Year 5 $2,005 $4,054 $6,159 $8,532 $11,985

Answered: 1 week ago

Question

★★★★★

Select several specific parts in a typical automobile, I and identify the processes described in this chapter that can be used to make those parts. Explain your reasoning.

Answered: 1 week ago

Question

★★★★★

4 Outline some of the major difficulties of performance measurement in: (a) profit-making service businesses; and (b) not-for-profit organisations.

Answered: 1 week ago

Question

★★★★★

3. Keep a list of the parts of the text that give you trouble, and spend more time on those pages.

Answered: 1 week ago

Question

★★★★★

1. Golfers who take lessons and purchase other services from the Annika Academy presumably share at least some of Sorenstams passion for winning. Would toning down the competitive aspect of...

Answered: 1 week ago

Question

★★★★★

Cost principle On June 25 , Tin Roofing extended an offer of $141,000 for land that had been priced for sale at $161,000. On July 9 , Tin Roofing accepted the seller's counteroffer of $153,000. On...

Answered: 1 week ago

Question

★★★★★

Bennett et al. (2003) measured the refractive index (RI) of a pane of glass at 49 di erent locations. She took a sample of 10 fragments at each location and determined the RI for each. The data from...

Answered: 1 week ago

Question

★★★★★

COURSE: DATABASE ENGINEERING i) State the fact and dimension tables. ii) Explain the suitable ROLAP model to represent the multidimensional data warehouse model for Blue Pink Centre. iii) Draw the...

Answered: 1 week ago

Question

★★★★★

Mr Satya, age 35,married to Rupanvita, age 33. He is a government employee, and his wife is a marketing manager with private company. He stays in Kolkata, and has a 10-months old son, Ajay. Over the...

Answered: 1 week ago

Question

★★★★★

its an initial dream to be "the destination of choice for Australian job seekers", SEEK was founded in Melbourne, Australia in 1997 by brothers Paul and Andrew Bassat, together with co-founder...

Answered: 1 week ago

Question

★★★★★

earch Scenario and activity: You are initially working with a selection of these small businesses that have been trading for three years and which now need annual trading statements to be compiled...

Answered: 1 week ago

Question

★★★★★

Your facility belongs to one of three health care delivery systems in the city. Competition is fierce. You have been asked to serve on a committee to study and recommend the retention or deletion of...

Answered: 1 week ago

Question

★★★★★

Read all the articles on journaling; what approach in the articles did you find helpful and why? Mention that you have reviewed the journaling materials and what you learned; let us know if you have...

Answered: 1 week ago

Question

★★★★★

The Following Data are available for Camp COs defined pension plan ($ in Thousands) Service Cost $118 Projected Benefit Obligation, January 1, 2017 850 Plan Assets [Fair value], January 1, 2017 900...

Answered: 1 week ago

Question

★★★★★

The National Collegiate Athletic Association (NCAA) and the National Federation of State High School Associations (NFHS) set a new standard for non-wood baseball bats. Their goal was to ensure that...

Answered: 1 week ago

Question

★★★★★

What are the most frequently encountered political risks in foreign business? Discuss.

Answered: 1 week ago

Question

★★★★★

Why study a countrys history?

Answered: 1 week ago

Question

★★★★★

With satellite TV able to reach many countries, discuss how a company can use satellite TV and deal effectively with different languages, different cultures, and different legal systems.

Answered: 1 week ago

Question

★★★★★

The Montgomery Athletic Shoe Company has developed a new shoe-sole material it thinks provides superior wear compared with the old material the company has been using for its running shoes. The...

Answered: 1 week ago

Question

★★★★★

A study was conducted in which samples were selected independently from four populations. The sample size from each population was 20. The data were converted to ranks. The sum of the ranks for the...

Answered: 1 week ago

Question

★★★★★

The Kansas Tax Commission recently conducted a study to determine whether there is a difference in median deductions taken for charitable contributions depending on whether a tax return is filed as a...

Answered: 1 week ago

Previous Question Next Question