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The disadvantage is that the country's foreign exchange would be less...
The Govt, would be in loss
Wiki User
∙ 11y ago
Anonymous
they basically decrease the over all money in the economy
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Advantages and disadvantages of balance of payment?
advantages of balance of payment
Advantages and disadvantage of balance of payment?
advantages of balance of payment
How would you describe a negative overall balance of payments?
balance of payment is the difference between the value of export and imports of goods only during a given period of time and it also includes the service sector in it. balance of payment is done visibly and invisibly (privately).
Elements of balance of payment?
Trade in goods Trade in service Imports and Transfer are the 4 main element of the balance of payment.
Why would it be useful to examine a country's balance of payment data?
why would it be useful to examine a country balance of payment data
Advantages and disadvantages of balance of payment?
advantages of balance of payment
Why are payments considered negative numbers and deposits considered positive numbers?
Interesting note: as late as the 18th century, many mathematicians considered negative numbers to be "nonsense". Negative numbers did not become universally accepted as existing until about the same time that imaginary numbers did. Before the wide-spread acceptance of negative numbers, payments were credits and deposits were debits. A credit subtracted the payment from your balance, while a debit added the payment to your balance. After the advent of negative numbers, it was shown that subtraction is simply adding a negative number. So a payment (which is a subtraction) can be reinterpreted to be a negative number being added to your balance.
Advantages and disadvantage of balance of payment?
advantages of balance of payment
How would you describe a negative overall balance of payments?
balance of payment is the difference between the value of export and imports of goods only during a given period of time and it also includes the service sector in it. balance of payment is done visibly and invisibly (privately).
When does debit balance in account payable?
As accounts payable has a credit balance as normal balance so it has credit balance until not paid but it may have debit balance as well in case when payment is made for more than actual accounts payable which create negative balance or debit balance.
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
Negative collected balance?
Negative Collected Balance = Ledger Balance - Float, given Float > Ledger Balance.
Can a self directed IRA have a negative balance?
No, IRAs can not have a negative balance.
What is the need of export promotion in India?
Due to the negative balance of payment situation which arises mainly due to the huge import bill on account of oil imports.
What are the advantages and disadvantages of the beam balance scale?
Through beam balance we can weight things,vegetables,fruit etc.
Elements of balance of payment?
Trade in goods Trade in service Imports and Transfer are the 4 main element of the balance of payment.
