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What is the relationship between the trade balance and the current account in the context of international economics?
The trade balance and the current account are closely related in international economics. The trade balance measures the difference between a country's exports and imports of goods and services, while the current account includes the trade balance along with other financial transactions such as income from investments and transfers. A surplus in the trade balance typically leads to a surplus in the current account, indicating that a country is exporting more than it is importing and earning more from foreign investments than it is paying out. Conversely, a deficit in the trade balance usually results in a deficit in the current account, showing that a country is importing more than it is exporting and paying out more in foreign investments than it is earning.
Which countries are not part of European Union?
Countries outside of Europe and several within it are not members of the European Union. These far outnumber current members. See the related question for a list of current members (2010)
How is future related to current demand?
if the price is expected to rise,current demand will rise.
What type of business is a monopoly?
monopoly business , is related as a single sella r market with homogenic market in business market
How is the future price related to current demand?
if the price is expected to drop, current demand will fall.
What accounting concept or principle provide guidance related to separate personal account with business account?
the accounting concept that separate the personal account from the business account is business separate entity concept
What does an American Express commercial account offer?
An American Express commerical account will offer an account specifically related to a business. This credit card account will then be linked to the commerical banking accounts to be used for business purposes.
What is the meaning of nominal account and real account and personal account?
The account related to the individual firm , company,and institution is called personal account. THE account related to the things or properties of business organisation whose valuation can be done in terms of cash is called real account. the account related to the income , expenses,profit and gain is called nominal account. .
What should you study after business studies A level?
There are a number of business related options. Account, Risk management, HR, Quality Management, Business Management for example
Can I deposit a check made out to my LLC into my personal account?
No, you cannot deposit a check made out to your LLC into your personal account. You should open a separate business account for your LLC to deposit business-related checks. Mixing personal and business funds can lead to legal and financial complications.
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Who are the prime ministers of all the world's countries?
The current list is available at the related link below.
How do you cancel answers account?
To cancel your account, contact an Answers.com Community Assistant. A list of all the current Community Assistants is provided below in the Related Questions.
How can I use my personal bank account for business transactions?
Using your personal bank account for business transactions can be done by keeping detailed records of all business-related transactions, separating personal and business expenses, and being transparent with your accountant or tax advisor. However, it is generally recommended to open a separate business bank account to maintain clear financial boundaries and simplify accounting processes.
Who are the Presidents and Prime Ministers of all countries?
The current heads of state and government are listed at the related link below.
What is an account that reduces a related account?
A contra account
Example of related business?
example of related business
