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Question 3 (a) Interpret the balance of payments in aggregate components of the current and capital/financial account...

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Economics

Question 3

(a) Interpret the balance of payments in aggregate components ofthe current and capital/financial account to explain an economy’sposition in the international trade and finance in any country ofyour choice.

(b) Using the country from the balance of payments table used inpart 3(a), discuss how its strength or weakness in trade in itscurrent account is offset or balanced by its capital account.

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4.2 Ratings (894 Votes)
aBalance of payments consists of current balance and capital account balance Current account balance consists of exports imports transfer payment etc where as capital account balance consists of financial transactions like fdi fpi foreign investments etc there are visible and invisible components in the current account balances The sum of two balances result in    See Answer
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