Tuesday, May 16, 2017

May 8, 2017

Balance of Payments Formulas


Balance of Trade

Exports - Imports 

Balance of Goods and Services 
Goods Exports + Services Exports - Goods Imports + Services Imports

Balance of Current Accounts
 Balance of Goods and Services + Net Investment + Net Transfers

Balance of Capital Account

Domestic/Foreign Purchase

Official Reserves 

Current Account (+, -) + Capital Account (+, -) = 0 (theoretically) 


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