TAILIEUCHUNG - Lecture Business economics - Lecture 31: Balance of payments

This chapter explain how currencies of different nations are exchanged when international transactions take place, analyze the balance sheet the United States uses to account for the international payments it makes and receives, discuss how exchange rates are determined in currency markets, describe the difference between flexible exchange rates and fixed exchange rates, Identify the causes and consequences of recent record-high . trade deficits. | Balance of payments Instructor: Abbas Course code: ECO 400 Lecture 31 Lecture Outline Composition of BOP Pakistan’s BOP Causes of BOP imbalance Some theoretical Aspects It’s a comprehensive record of eco transactions of the residents of a country with the rest of the world during a given time period. It’s a tabulation of the credit and debit transactions of a country with foreign countries and international institutions. Statistics Department of State Bank of Pakistan is responsible to compile Pakistan’s Balance of Payments Statistics (BOP) as per IMF format (BPM5) Why is it important ? Its main aim is to provide the government information about the international eco position of the country and to help make decisions about monetary and fiscal issues, on one hand, and about trade and payments on the other. Government authorities are constant users of balance of payments and other statistics in carrying out their responsibilities of monitoring economic activity, .

• Kinh tế học
• Business economics
• Lecture Business economics
• Business applications of economics
• Open economy
• Competitive markets
• Balance of payments
• Economic Models
• Principles of economics
• Economics of agriculture
• Monopolistic competition
• Macroeconomic policy
• Supply curve
• Elasticity of demand
• Consumer choice
• Competitive firms
• Imperfect competition
• Gross domestic product
• Financial intermediaries
• Productivity growth
• Natural rate of unemployment
• Labor force
• Money supply