Balance Of Payments Flashcards

1
Q

What is the balance of payments?

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2
Q

What is the current account?

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3
Q

How to finance trade?

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4
Q

Causes of current account deficit:

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5
Q

Consequences of current account deficit

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6
Q

Causes of current account surplus

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7
Q

Consequences of current account surplus

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8
Q

What is capital account?

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9
Q

What is financial account?

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10
Q

Pros of FDI

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11
Q

Cons of FDI

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12
Q

Demand side policies to reduce trade imbalance

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13
Q

Supply side policies to reduce trade imbalance

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14
Q

Marshall learner condition

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15
Q

J curve

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