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the net outflow of money from a country exceeds the net inflow of money from abroad--- by L.M
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∙ 11y ago
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If you already have a payment arrangement with the IRS will they take your refund?
Yes, if you already have a payment arrangement with the IRS but have a refund due, they will take the refund. If you have a balance due, they will apply your tax refund to this balance.
What does it mean to be a balance payer?
A balance payer pays off any outstanding balance of money owing on an account on every payment due date.
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.
Can accounts payable normally have a debit balance?
No, Accounts payable don;t have debit balance as a normal balance and it mayb e happend of debit balance due to more payment then required.
What is the difference between a purchase and a payment on a credit card statement?
A purchase would be buying something. A payment would be a payment on the card itself, towards the balance of the available credit.
What are the effect of deficit in balance of payment in developing countries like Nigeria?
ways of controlling deficit balance of payment in nigeria
What is meant by a current account deficit on balance of payment?
it is down
If the Balance of payment always always balances then why you have deficit in the balance of payment What measure can be government take to address an in-balance in the Balance of payment?
when they are talking about the deficit or surplus they are usually only talking about the current account. The balance of payments will balance because the other accounts in it (Capital, financial and erros and ommissions) will account for the other parts eg if current account has defiecit of 100m the capital, financial and erros and ommisions will have a surplus of 100m
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.
What is the relationship between the balance of payments BOP and interest rates?
If the interest rate is lower and balance of payment is large then the currant account will be deficit
Does Brazil have a balance of payments surplus or deficit?
It has a balance of payments deficit.
What is trade deficite?
trade deficit occurs when? trade deficit occurs when?
Is Government operating balance and Budget deficit the same thing?
sorry not Budget deficit... budget balance
What are the current economic problems that Greece is dealing with?
Greece is currently facing economic debt crisis balance of payment deficit unemployment high inflation
How do you spell deficit?
That is the correct spelling of "deficit" (a shortfall or negative balance).
Balance of payments deficit?
A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative. A balance of payments deficit is,when government expenditure is more than government revenue
Is an accurate description of the foreign trade of the US?
The balance of trade deficit occurs only on the imports of goods and services and income receipts from foreign countries.
