The profitability and financial soundness of a company can be determined by analyzing financial statements. How can economic transactions of an economy be analyzed? Prepare a report on the purpose of calculation of the balance of payments and also mention the components of different parts of the balance of payments accounts. (10 Marks)

The answer should be a min of 800 Words. And it should be plagiarism-free.

Answer rating: 100% (QA)

Introduction The economic transaction of an economy can be analyzed through the balancing of payment a tool used to monitor every international monetary transaction The tool monitors all the trades th... View the full answer