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Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
How does balance of trade differ from balance of payments?
Balls and weiners!
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.
What institution provides the primary source of similar statistics for balance of payments and economic performance worldwide?
The primary source of similar statistics for balance of payments and economic performance worldwide is theInternational Monetary Fund, Balance of Payments Statistics.
Which situation is in equilibrium?
A system is said to be social equilibrium when there is a dynamic working balance among its interdependent parts.
Describe the salient features of India's Balance of payment?
Features of Balance of Payments Balance of Payments has the following features: (i) It is a systematic record of all economic transactions between one country and the rest of the world. (ii) It includes all transactions, visible as well as invisible. (iii) It relates to a period of time. Generally, it is an annual statement. (iv) It adopts a double-entry book-keeping system. It has two sides: credit side and debit side. Receipts are recorded on the credit side and payments on the debit side. (v) When receipts are equal to payments, the balance of payments is in equilibrium; when receipts are greater than payments, there is surplus in the balance of payments; when payments are greater than receipts, there is deficit in the balance of payments. (vi) In the accounting sense, total credits and debits in the balance of payments statement always balance each other.
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 has the author Claudio Paiva written?
Claudio Paiva has written: 'External adjustment and equilibrium exchange rate in Brazil' -- subject(s): Foreign exchange rates, Equilibrium 'Competitiveness and the equilibrium exchange rate in Costa Rica' -- subject(s): Foreign exchange rates, Balance of payments, Equilibrium (Economics), Competition
Does Brazil have a balance of payments surplus or deficit?
It has a balance of payments deficit.
Which term describe the state of balance?
Equilibrium is the term that describes the state of balance in a system.
What is the definition of equilibrium?
Balance
Can a nation have a favorable balance of trade and an unfavorable balance of payments?
Yes, as the balance of trade is only one part of the balance of payments
What is another word for equilibrium?
Equilibrium can mean a state in which opposing forces or influences are balanced. Examples are, to trip and fall over is to lose your equilibrium. To stumble but recover is to regain your equilibrium.A market is in equilibrium when supply and demand are matched and prices stable.
Does the balance of payment always balance?
International Balance of Payments
A clinical term for balance is?
Answer- Equilibrium
What is an equipoise?
An equipoise is a state of balance or equilibrium, or a counterbalance which helps to bring about equilibrium.
What part of speech is the word balance?
The word balance is a noun and a verb. The noun form is a state of equilibrium. The verb form means to be in equilibrium.
