Exploring Meaning, Significance, and Components of Balance of Payments

Categories: Economics
Wishlist Share
Share Course
Page Link
Share On Social Media

About Course

  1. What is the meant by Balance of Payments?
  2. Balance of Payments must always balance. What does it mean?
  3. What does the word “residents” mean in the definition of Balance of Payments?
  4. What is the significance of Balance of payments?
  5. What are the various components of Balance of Payments?
  6. What is meant by errors and omissions in Balance of Payments?
  7. What is the significance of errors and omissions item in Balance of Payments?

Do you agree with the statement that Balance of Payments is always balanced in the accounting sense but not necessarily equal in the economic sense?

What Will You Learn?

  • What is the meaning of Balance of Payments?
  • What is the significance of Balance of payments?
  • What are the various components of Balance of Payments?
  • Whether Balance of Payments is always balanced?
  • What is errors and omissions item in Balance of Payments?

Course Content

Exploring Meaning, Significance, and Components of Balance of Payments

  • Introduction
    06:46
  • Balance of Payments: Meaning
    13:37
  • Balance of Payments: Components
    13:09
  • Errors and Omissions in Balance of Payments
    04:56
  • Balance of Payments is always balanced?
    06:08

Student Ratings & Reviews

No Review Yet
No Review Yet