BOP 2 Flashcards
1
Q
what are the influences on the current account
A
Productivity
Macro econ performance
2
Q
what are some external factors affecting bop
A
if other countries are booming then there will be more demand for our goods(exports)
3
Q
what are the bop policies
A
Improving the supply-side performance of the economy Natural effects of the economic cycle Demand management Improving macroeconomic stability Expenditure-switching policies Expenditure - reducing policies
