Explain the importance of the balance of payments

Assignment Help Macroeconomics
Reference no: EM131968740

Assignment

One of the more important measures in regard to international economics is the balance of payments. Think of it as a national accounting measure that looks at the flow of goods and services into and out of an economy in a given period of time. It also shows capital flows into and out of a country. Until 1980, the United States tended to run a positive-to-neutral balance of payments position and was a creditor nation. In the course of the past 30 years, the United States has moved to a negative balance of payments and to being a debtor nation.

Review and discuss the following:

• Discuss the importance of the balance of payments as an accounting measure.
• Discuss the current account and its components and the capital and financial accounts and their components.
• How important is the U.S. deficit in traded goods in regard to the balance of payments?

Reference no: EM131968740

Questions Cloud

Explain why time period chosen is crucial to understanding : You will need to choose an appropriate periodization, explaining why the time period you chose is crucial to understanding the continuity you are exploring.
What is bellfront production cost per door stopper : Assuming no structural changes, What is Bellfront's production cost per door stopper for September?
Reach the break-even point : If fixed costs are $165500, how many dollars of revenue must the company generate in order to reach the break-even point?
Recognize income statement : If Rambles sells 10 units less than break even, how much loss would the company recognize on its income statement?
Explain the importance of the balance of payments : Explain the importance of the balance of payments as an accounting measure. How important is U.S. deficit in traded goods in regard to the balance of payments?
Determining the cost question for the facilities : Professional University teaches a large range of undergraduate courses. It is interested in determining the cost question for the facilities cost
Workload of childcare practitioners should be reduced : The workload of Childcare practitioners should be reduced. Discuss - ACRE ARGUMENT ESSAY
Explain what a fingerprint is : Explain what a fingerprint is. Describe each of the three classes of fingerprints. Which class is the most common in the population and which is least common?
What is your opinion of moral hazard concerns : What is your opinion of moral hazard concerns? What safeguards have been put in place since the 2008 crisis? Should they be relaxed, today?

Reviews

Write a Review

Macroeconomics Questions & Answers

  There is an arithmetic gradient income from years 6-10 with

There is an Arithmetic Gradient Income from years 6-10 with a Base Annuity of $500.00 and an Annual Gradient G of +$50.00

  Write down linear equation for regressions

Write down the linear equation for both regressions Which factors seems to have significant impact on success in graduate school Which factors have significant impact on school ranking?

  What is the law of demand

What is the law of demand, opportunity cost, and comparative advantages?

  Explain who is responsible for assessing property values

Explain who is responsible for assessing property values? How often are assessments redone? What assessment ratio is used?

  By installing some elaborate inspection equipment on its

by installing some elaborate inspection equipment on its assembly line the robot corp. can avoid hiring an extra worker

  Discuss the political economic and technological trends

Evaluate and discuss the political, economic, and technological trends of Turkey's emerging market. Remember to discuss any financial actions.

  Discusses the impact of indias economy on the united states

Prepare a 1-2 page paper that discusses the impact of India's economy on the United States and other current world economic powers.

  Relationship between elasticity and profit maximizing price

Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.

  More job losses in the manufacturing sector

More job losses in the manufacturing sector helped pull employment down by 390000 in November. Only the fact that the labour force _________ keep the unemployment rate steady.

  Determine cause of razor blades are complementary goods

Determining Cause and Effect Razor blades are complementary goods for razor handles, while electric razors are substitutes. Copy the demand curves below.

  How mankiws principles are foundational to issues discussed

Identify and describe how Mankiw's 10 Principles are foundational to the issues discussed in the article/video.

  Impose a pigouvian tax on pollution in the community

a) In the absence of regulation, how much rubber would be produced by each firm? What is theprofit for each firm? b) The local government decides to impose a Pigouvian tax on pollution in the community. What isthe proper amount of such a tax per un..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd