Wednesday, 18 March 2009

ECO 18th Balance of payment

Balance of payment:a record of money flows coming in and going out of a country.



WHAT IN BALANCE OF PAYMENT?



1.trade in goods



2.trade in services



3.net flow investment income



4.transfer of money







Trade deficit:money going out is more that money coming in



3 comments:

chris sivewright said...

causes, cures, importance?

chris sivewright said...
This comment has been removed by the author.
chris sivewright said...

daily, I repeat, daily, daily, I repeat, daily, daily, daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,daily, I repeat, daily, daily, I repeat, daily, daily,BLOG