There are 3 types of disequilibrium's in balance of payments:- 1) cyclical disequilibrium 2) secular disequilibrium 3) structural disequilibrium structural disequilibrium at:-a) goods level b) at factors level
How do you correct disequilibrium?
dts
Natural Factors: natural calamities such as floods, drought, earthquake etcEconomic Factors: Cyclical fluctuationsInflationCapital movementsMiscellaneous Factors: The changes in tastes, habits, fashions of the people; discovery of new substitutes for exports; the development of alternative sources of supply.Political Factors: example political instability.
structural disequilibrium denotes change in the economic structure of any state where the balance of payment was previously favourable.
There are 3 types of disequilibrium's in balance of payments:- 1) cyclical disequilibrium 2) secular disequilibrium 3) structural disequilibrium structural disequilibrium at:-a) goods level b) at factors level
How do you correct disequilibrium?
There is the need for more products in the market.
Metabolic disequilibrium is one of the defining features of life. A cell with metabolic disequilibrium provides the driving force for the indispensable reactions required for life.
dts
Natural Factors: natural calamities such as floods, drought, earthquake etcEconomic Factors: Cyclical fluctuationsInflationCapital movementsMiscellaneous Factors: The changes in tastes, habits, fashions of the people; discovery of new substitutes for exports; the development of alternative sources of supply.Political Factors: example political instability.
structural disequilibrium denotes change in the economic structure of any state where the balance of payment was previously favourable.
The production and use of...is typically cyclical
The four seasons are cyclical and fairly predictable.
The opposite of psychic equilibrium.
Equilibrium is when supply and demand is balanced or equivalent, whereas disequilibrium doesn't attain equilibrium which is either above or below equilibrium.
cyclical phenomenons are which take place regularly. now though floods have become quite regular they are not exactly cyclical phenomenons. but seeing the conditions now yes floods are cyclical phenomenons.