CBSE Class 12-commerce Macroeconomics Concept of Balance of Payments
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Meaning and Components of BOP
This video explains the Meaning and Components of BOP -
Open Economy Macroeconomics
Open Economy Macroeconomics, Concept of Balance of Payments -
Open Economy Macroeconomics
Open Economy Macroeconomics, Concept of Balance of Payments
- What are the two transactions which determine balance of trade?
- Define balance of payment.
- Define balance of payments on current account.
- Define balance of payments on capital account.
- Define autonomous items in balance of payment.
- Explain a situation where the balance of payment is deficit.
- Differentiate between balance of trade and current account balance.
- Differentiate autonomous and accommodating items of balance of payment.