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Why has the goods and services balance sometimes shown a surplus while the merchandise trade balance shows a deficit?
The reason is that goods and services exports minus exports on merchandise trade plus services while merchandise trade is for only exports minus importsexcluding services. Goods and services is exports minus imports plus services. Merchandise trade is exports minus imports excluding services
What else can I help you with?
What is the meaning of a deficit on the goods and services balance?
A deficit on the goods and services balance occurs when a country's imports of goods and services exceed its exports. This indicates that the nation is spending more on foreign products and services than it is earning from its own sales abroad. A persistent deficit may signal economic challenges, such as reduced competitiveness in global markets, or it could reflect strong domestic demand for foreign goods. However, it can also be sustainable if financed by foreign investment or borrowing.
What are the effect of deficit in balance of payment in developing countries like Nigeria?
ways of controlling deficit balance of payment in nigeria
Effect of persistent deficit in balance of payments?
A persistent deficit in the balance of payments leads to an individual not paying their way. Society as a whole can get into a deficit when many people are defaulting on payments.
How exchange rate has affected BOP?
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
Measures to correct the deficit in the balance of payments?
Measures to correct the deficit in the balance of payments include deflation, depreciation, and devaluation. In addition, there is exchange control.
Does Brazil have a balance of payments surplus or deficit?
It has a balance of payments deficit.
What is the meaning of a deficit on the goods and services balance?
A deficit on the goods and services balance occurs when a country's imports of goods and services exceed its exports. This indicates that the nation is spending more on foreign products and services than it is earning from its own sales abroad. A persistent deficit may signal economic challenges, such as reduced competitiveness in global markets, or it could reflect strong domestic demand for foreign goods. However, it can also be sustainable if financed by foreign investment or borrowing.
Is Government operating balance and Budget deficit the same thing?
sorry not Budget deficit... budget 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
What are the effect of deficit in balance of payment in developing countries like Nigeria?
ways of controlling deficit balance of payment in nigeria
Effect of persistent deficit in balance of payments?
A persistent deficit in the balance of payments leads to an individual not paying their way. Society as a whole can get into a deficit when many people are defaulting on payments.
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.
How exchange rate has affected BOP?
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
Measures to correct the deficit in the balance of payments?
Measures to correct the deficit in the balance of payments include deflation, depreciation, and devaluation. In addition, there is exchange control.
What is a bank balance?
A bank balance is the amount by which a current account is in credit or deficit.
Is Government operating balance and Budget balance the same thing?
sorry not Budget deficit... budget balance
Where on the balance sheet do you put a deficit?
Retained Earnings
