Advertisements
Advertisements
प्रश्न
Define Balance of payments
उत्तर
According to International Monetary Fund, “The balance of payments for given period is a systematic records of all economic transactions taken place during the period between residents of the reporting countries.”
APPEARS IN
संबंधित प्रश्न
Statements incorrect in relation to Balance of Trade:
- It is also referred to as international trade balance.
- Trade surplus arises when export value is greater than import value.
- Trade deficit takes place when import value is greater than export value
- Balance of trade includes value of imports and exports of visible goods only
Export value > Import value : Trade surplus :: Import value > Export value : ______
State with reason whether you agree or disagree with the following statement:
There is no difference between Balance of payment and Balance of trade.
The Statement which discloses a record of transactions between the residents of one country and residents of foreign country.
Why is Balance of payment prepared?
State with reasons whether you agree or disagree with the following statement.
The balance of Payment is the same as the Balance of Trade.
Distinguish between the following:
Balance of payments and Balance of trade.
Distinguish between the following:
Balance of payments and Balance of trade.
Distinguish between Balance of payments and Balance of trade.
Distinguish between the following:
Balance of payments and Balance of trade.
