What is the difference between the merchandise trade balance (BOT) and the current account balance?
Question:
What is the difference between the merchandise trade balance (BOT) and the current account balance?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 55% (9 reviews)
The current account is exactly that current income f...View the full answer
Answered By
Joseph Mwaura
I have been teaching college students in various subjects for 9 years now. Besides, I have been tutoring online with several tutoring companies from 2010 to date. The 9 years of experience as a tutor has enabled me to develop multiple tutoring skills and see thousands of students excel in their education and in life after school which gives me much pleasure. I have assisted students in essay writing and in doing academic research and this has helped me be well versed with the various writing styles such as APA, MLA, Chicago/ Turabian, Harvard. I am always ready to handle work at any hour and in any way as students specify. In my tutoring journey, excellence has always been my guiding standard.
4.00+
1+ Reviews
10+ 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
-
Multiple Choice Questions: 1. Which of the following would be recorded as a credit in the U.S. balance-of-payments accounts? a. The purchase of a German business by a U.S. investor b. The import of...
-
What is the difference between the cost of merchandise purchased and the cost of merchandise available for sale? Can they be the same amount? Explain.
-
What is the difference between the cost of merchandise available for sale and the cost of merchandise sold? Can they be the same amount? Explain.
-
A particle of mass m moves along the x-axis under a force F = ??m?2x. The amplitude is b. Show that the period is given by 4. T= dx, (11.83) where (11.84) Y =1+ 2c2 (2-2).
-
1. Factor the following expression for the maximum power in a certain electrical circuit? (R + r)2 - 2r(R + r) 2. The consumer expenditure for a commodity is the product of its market price, p, and...
-
Ethanol (C2H5OH) melts a - 144 oC and boils at 78 C. The enthalpy of fusion of ethanol is 5.02 kj/mol, and its enthalpy of vaporization is 38.56 kj/mol. The specific heats of solid and liquid ethanol...
-
The flowrate in a water channel is sometimes determined by use of a device called a Venturi flume. As shown in Fig. P3.131, this device consists simply of a bump on the bottom of the channel. If the...
-
Hudson Co. reports the contribution margin income statement for 2015 below. Using this information, compute Hudson Co.s (1) Break-even point in units (2) Break-even point in sales dollars. HUDSON co....
-
Allen Corp. enters into a contract with a customer to build an apartment building for $1,031,300. The customer hopes to rent apartments at the beginning of the school year and provides a performance...
-
On January 1, Year 2, the following information was drawn from the accounting records of Carter Company: cash of $800; land of $3,500; notes payable of $600; and common stock of $1,000. Required a....
-
Why must a country's balance of payments always be balanced in theory?
-
What is service trade?
-
Find (a) The curl (b) The divergence of the vector field. F(x, y, z) = cos xz j sin xy k
-
PART 4 Record the following transactions for Totally Clips Hair Salon for September 2 0 2 2 . 1 . Olivia Livingston invested $ 3 0 , 0 0 0 to start the business. 2 . Paid rent for the month, $ 1 , 2...
-
A bank has an ATM installed inside the bank and is available to its customers only from 7 am to 6 pm Monday through Friday. The manager of the bank wanted to investigate if the percentage of...
-
What do you think about the idea of catalytic capital or impact investing? If you were an investor, how would you measure social or environmental Return On Investment? or: Inspired by cold hard Cash...
-
Find the all eigen-values and associated eigen-vectors of the following matrices where: A = [ 21] 1 Hint: Find the eigenvalues and eigenvectors of A, then use the result for question 2 to find the...
-
At January 1, 2024, Caf Med leased restaurant equipment from Crescent Corporation under a nine-year lease agreement. The lease agreement specifies annual payments of $31,000 beginning January 1,...
-
A point on the terminal side of an angle in standard position is given. Find the exact value of each of the six trigonometric functions of . (-2, -2)
-
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...
-
Taken from a managerial point of view, what do you think is the major OB challenge facing businesses today?
-
Compare and contrast the three levels of OB analysis.
-
Describe the two main levels of diversity. Give an example for each.
-
A useful quantitative model for the grinding of lenses with known focal lengths is the lens-makers' equation: nlens environment 1) (1/4-1/2), where f is the focal length of the lens, the two index of...
-
A student throws a set of keys vertically upward to her sorority sister, who is in a window 3.20 m above. The second student catches the keys 2.80 s later. (a) with what initial velocity were the...
-
Accelerating uniformly to overtake a slow-moving truck, a car moving initially at 24.4 m/s covers 67.2 m in 2.48 s. (a) What is the final speed of the car? m/s (b) What is the magnitude of the car's...
Study smarter with the SolutionInn App