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Balance of payment is the difference between the money coming into the country and the money leaving the same country.
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∙ 14y ago
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Elements of balance of payment?
Trade in goods Trade in service Imports and Transfer are the 4 main element of the balance of payment.
What is the difference between the balance of trade and the balance of payments?
the balance of trade is how much you receive the balance of payment is how much you pay
What is Canada balance of trade and balance of payment?
Plus $85 billion
Why a nation can have a favorable balance of trade and a unfavorable balance of payment?
it shows up as a trade deficit with the soncumer-goods-exporting nation.
Is Australia's Balance Of Payments positive?
balance of payment is the difference between exports and imports so if Australia's exports trade balance exceeds its imports trade balance then it is positive
Difference between balance of trade and balance of payment?
Balance of Trade is the accounting of goods and service imported and exported. Balance of Payments is the accounting of money owed and loaned other nations.
What is the real difference between balance of trade and balance of payment?
Balance of Trade is the accounting of goods and service imported and exported. Balance of Payments is the accounting of money owed and loaned other nations.
Advantages and disadvantages of balance of payment?
advantages of balance of payment
Advantages and disadvantage of balance of payment?
advantages of balance of payment
India's balance of payment since 1991?
India's balance of payment since 1991
Does the balance of payment always balance?
International Balance of Payments
How is balance of trade made plural?
The plural of balance of trade is "balances of trade."
