Description
What you’ll learn
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What is meant by Balance of Trade and Balance of Invisible Trade?
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What is meant by Capital Account and Financial Account?
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What is the difference between Current Account and Capital Account?
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What is the difference between Balance of Payments and Balance of Trade?
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What is the difference between Capital Account and Balance of Trade?
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What is meant by Balance of Trade?
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What are the three scenarios of balance of trade?
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What is meant by Trade Surplus?
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What is the meaning of Negative balance of trade?
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What is meant by Zero BOT?
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What is meant by Balance of Invisible Trade?
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What is the formula to calculate Balance of Invisible Trade?
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What are the three scenarios in respect of Balance of Invisible Trade? Discuss each briefly.
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What is the meaning of Balance of Payments?
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What is meant by Balance of Trade?
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What are the various differences between Balance of Payments and Balance of Trade?
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BOP is a wider concept and BOT is a narrower concept. Do you agree? Comment.
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What is the meaning of Capital Account?
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What is meant by Balance of Trade?
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What are the various differences between capital account and balance of trade?
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Which type of transactions are recorded in the capital account of Balance of Payments?
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What is meant by non-produced and non-financial assets in Capital Account?
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What is meant by Capital Transfers in Capital Account?
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What is the difference between Current Account and Capital Account in Balance of Payments?
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What is meant by Financial Account in Balance of Payments?
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Which type of transactions are recorded in Official Reserve Account?
Who this course is for:
- Students and any individual who enjoys learning about various concepts of economics
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