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- Balance of Payment is an important index which reflects the true economic position of a country in a given period, whether the country is a creditor country or a debtor country, and whether its currency is rising or falling in its external value. In other words, BoP is an important indicator of pressure on a country's foreign exchange rate.
- The BoP helps to forecast a country's market potential, especially in the short run.
- Changes in a country's BoP may signal the imposition or removal of controls over payment of dividends and interest, license fees, royalty fees or other cash disbursements to foreign firms or investors.
What else can I help you with?
Advantages and disadvantage of balance of payment?
advantages of balance of payment
Advantages and disadvantages of balance of payment?
advantages of balance of payment
What are the 5 main economic goals?
The five main economic goals are: 1. Full Employment 2. Stable Prices 3. Economic Growth 4. Balanced Budget 5. Balance-to-Payment Equilibrium
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
When a country's balance of payment is set to in equilibrium?
When imports and exports are the same
Equilibrium and disequilibrium in Balance of payment?
no proper explanation such a worst one
Advantages and disadvantage of balance of payment?
advantages of balance of payment
Advantages and disadvantages 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
What are the 5 main economic goals?
The five main economic goals are: 1. Full Employment 2. Stable Prices 3. Economic Growth 4. Balanced Budget 5. Balance-to-Payment Equilibrium
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
What is balance of trade and payment?
Balance of payment is the difference between the money coming into the country and the money leaving the same country.
What are the effect of deficit in balance of payment in developing countries like Nigeria?
ways of controlling deficit balance of payment in nigeria
Discuss whether it is better for a country with a floating exchange rate to face an appreciation or depreciation of its currency?
The great atraction of a floating exchange rate is that in theory it provides a kind of automatic mechanism for keeping the balance of payment in equilibrium.
