Why must a country's balance of payments always be balanced in theory?
Question:
Why must a country's balance of payments always be balanced in theory?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
It must balance due to the nature of doubleen...View the full answer
Answered By
GERALD KAMAU
non-plagiarism work, timely work and A++ work
4.40+
6+ Reviews
11+ Question Solved
Related Book For
International Business
ISBN: 978-0470530658
8th edition
Authors: Michael Czinkota, Iikka A. Ronkainen, Michael H. Moffett
Question Posted:
Students also viewed these Business questions
-
In 2016, Egypt was trying to keep the exchange rate between its currency (the Egyptian pound) and the U.S. dollar constant. An article in the Wall Street Journal observed that if the Egyptian...
-
Why does the balance of payments always balance, even though the balance of trade does not?
-
Does the entire balance of payments always have to sum to zero? Explain. If the sum must equal zero, what economic forces cause this result? If not, is the imbalance because market forces are not...
-
0.1 M CH3COOH with 0.1 M NH3. The relative conductivities of the solutions tested are as follows: 0.1 M CH3COOH/0.1 M NH3 measured in parallel: (b) 0.1 M CH,COOH with 0.1 M NH,. The relative...
-
1. Revenue R from the sale of x units of a product is found by multiplying the price by the number of items sold. (a) Factor the right side of R = 300x - x2. (b) What is the expression for the price...
-
Using the curved arrow to guide your reasoning, show the products of the following dissociations. Include formal charges and unshared electron pairs. Check your answers to ensure that charge is...
-
State the null and alternative hypotheses \(\left(\mathrm{H}_{0} ight.\) and \(\left.\mathrm{H}_{1} ight)\) for each of the following research questions: a. Are the average starting salaries for...
-
P&G would like to conduct a survey of consumer preferences for toothpaste brands in California. Stratified random sampling will be used. Visit www.census.gov to identify information that will be...
-
The Young Corporation has the following overhead costs. Maintenance: $100,000 Supervisor Salaries: $150,000 After an ABC study, Young Corporation has the following activities and percentages....
-
Schrand Aerobics, Inc., rents studio space (including a sound system) and specializes in offering aerobics classes. On January 1, 2019, its beginning account balances are as follows: Cash,...
-
The differences across multinational firms are striking. Using a sample of firms such as those listed here; pull from their individual web pages the proportions of their incomes that are earned...
-
What is the difference between the merchandise trade balance (BOT) and the current account balance?
-
Mullin Interiors, a successful retailer of high-quality furniture, is located in an affluent suburb where a large insurance company has just announced that it will lay off 4,000 employees. Because...
-
Determine the number of latency errors that will be produced in the following scenario. Assume that 20 errors have been introduced in the requirements model and 10 of these errors were amplified by 2...
-
The company TTOBA Costa Rica is a medical device company that is dedicated to the production of various instruments. The star product is the biopsy forceps. Seeking for all areas to speak a single...
-
Draw the cross section of n-MOSFET with threshold voltage of 0.5V under the following conditions (Make sure you identify the n-MOSFET operating regions for each cases given below) a. Vos=-0.5V, VDS =...
-
Maju Bhd is a trading company and has two types of inventories, namely Model Q1 and Model A2. Maju Bhd just hired Mr. Radhi as an assistant to the inventory controller. As a start, Mr. Radhi reviewed...
-
Consider a transmission line of characteristic impedance Zc = 50 [0] terminated on a load having impedance Z. The signal frequency fo and the impedance load Z have the following: ZL=690[0], fo = 2370...
-
Like DFS, online DFS is incomplete for reversible state spaces with infinite paths. For example, suppose that states are points on the infinite two-dimensional grid and actions are unit vectors (1,...
-
Catherine (aged 42) and Johnson (aged 45) have been married for 12 years. Johnson is a project manager of an event company at a monthly salary of $55,000 with an additional one-month salary of...
-
Compare the different results in Alfadda v. Fenn, 966 F. Supp. 1317 (S.D.N.Y. 1997) (U.S. court found French judgment precluded U.S. proceedings) with Alesayi Beverage Corp. v. Canada Dry Beverage...
-
Lucent Technologies International, Inc. subcontracted with a Saudi Arabian company, National Group, for work that Lucent was doing as part of a $4 billion telecommunications project for the Saudi...
-
Bende had a contract to sell boots to the government of Ghana for $158,500. Bende promised to deliver the boots as soon as possible. Bende then contracted with Kiffe, who agreed to make the boots in...
-
The Big Beaver Company is trying to choose between the following two mutually exclusive projects: Cash Flow (A) Cash Flow (B) Year 0 -$15,000 -$2,000 1 8,500 2,500 2 8,500 2,500 3 8,500 2,500 A. If...
-
The following is a list of items that could be included in the intangible assets section of the balance sheet. (a) Indicate which items on the list below would generally be reported as intangible...
-
How does organizational culture intersect with broader societal norms, values, and trends, and what challenges and opportunities does this present for fostering inclusivity, diversity, and ethical...
Study smarter with the SolutionInn App