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Q. What types of international transactions are recorded in the balance of payment accounts?
Answer: Three kinds' transactions that involve exports and imports of goods and services transactions that involve exports and imports of goods and services and the purchase or sell of financial assets other activities resulting in transfer of wealth between countries that are recorded in the capital account.
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Q. What explains the sharply divergent long-run growth patterns? Answer: It lies in the political and economic features of developing countries and the way these have
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Q. Define countertrade. Discuss the different forms of countertrade? Counter trade means all types of foreign trade in which the sale of goods to another country is associated
Q. "Under floating rates, the economy is more vulnerable to shocks coming from the domestic money market." Discuss. Answer: It is true statement, under floating rates an incr
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