Question
Comment on the following statements:
a) Balance of payment does not affect the exchange market.
b) An import quota is the complicated instrument for implementing a policy of non-tariff barriers.
c) World GDP has grown at the faster rate than the world merchandise trade.
d) The developed countries have increasingly become the recipients of FDI.
Answer :
Word Count : 314
The balance of payment (BOP) is a record of all economic transactions between residents of a country and the rest of the world. Contrary to the statement, BOP has a significant impact on the exchange market because any surplus or deficit in the balance of payments can lead to appreciation or depreciation _____ __________ _______ ___ _____ ____ __________ ___ __________.
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The balance of payment (BOP) is a record of all economic transactions between residents of a country and the rest of the world. Contrary to the statement, BOP has a significant impact on the exchange market because any surplus or deficit in the balance of payments can lead to appreciation or depreciation _____ __________ _______ ___ _____ ____ __________ ___ __________.
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