Balance of payments refers to sum of both the balance of visible and invisible items. The balance of Payment is a comprehensive annualrecord of economic relation of a country with the rest of the world during a given period of time. A balance of payments (BOP) sheet is an accounting record of all monetary transactions between a country and the rest of the world. These transactions include payments for the country’s exports and imports of goods‚ services‚ and financial capital‚ as well as financial
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Causes of a Trade Deficit. – 10 Marks The balance of trade (or net exports) is the difference between the monetary value of exports and imports in an economy over a certain period of time. If a country is importing more than exporting‚ this is known as a trade deficit. The deficit equals the value of goods being imported minus the value of goods being exported‚ and it is given in the currency of the country in question. For example‚ assume that the United Kingdom imports 800 billion British
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M. Com. Ist Year Master of Commerce (M.Com) Also for: M.Com (F &T) M.Com (BP &CG) M.Com (MA &FS) First Year ASSIGNMENTS 2013-14 For July 2013 and January 2014 admission cycle School of Management Studies Indira Gandhi National Open University Maidan Garhi‚ New Delhi -110 068 Master of Commerce (M.Com) First Year ASSIGNMENTS − 2013-14 Dear Students‚ As explained in the Programme Guide‚ you have to do one Tutor Marked Assignment for each course. We are sending the assignments of
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substantially lower than the market clearing price‚ may reduce domestic supply and lead to an increase in imports. On the other hand‚ subsidies to domestic producers may enable them to offer internationally competitive prices‚ reducing imports or raising exports. Subsidies may also lead to perverse or unintended economic effects. They would result in inefficient resource allocation if imposed on a competitive market or where market imperfections do not justify a subsidy‚ by diverting economic resources away
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Foreign Trade 2 Post-Independence Foreign Trade 3 Trends in Indian Trade 5 How is it carried out by India? 7 Trade Performance: 2008-2012 7 India’s Exports & Imports 9 Balance of Payments 15 Foreign Trade Policy‚ 2009-14 25 Weaknesses & Strengths of India’s Imports and Exports 27 Rise of the Service Sector Exports 27 Impact of FDI on Indian Retail Trade: Good‚ bad or a mix 28 Conclusion 28 References 28 History of India’s Foreign Trade India has always been a
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Weslaco High School Invisible Pete Hautman Michaele Anyah Martinez English 3 H. Hernandez October 26‚ 2012 Michaele A. Martinez H. Hernandez English 3 26 October 2012 Invisible Madham is the self-built town. It’s a town made up of 22‚400 matchsticks‚ it contains 109 buildings‚ all scratch built. There are two lakes‚ a football stadium‚ a cement plant‚ a hospital‚ two tunnels‚ a forest‚ and sixty feet of track. It has a population of 289 plastic people standing at less
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1. Note on Indian Textiles and Clothing exports (Updated on 28.08.2012) Introduction India’s textiles and clothing industry is one of the mainstays of the national economy. It is also one of the largest contributing sectors of India’s exports worldwide. The report of the Working Group constituted by the Planning Commission on boosting India’s manufacturing exports during 12th Five Year Plan (2012-17)‚ envisages India’s exports of Textiles and Clothing at USD 64.41 billion by the end of March
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process which began in the early 1990s. Our major exports now includes manufacturing goods such as Engineering Goods‚ Petroleum Products‚ Chemicals & Related Products‚ Gems & Jewellery‚ Textiles‚ Electronic Goods‚ etc. which constitute over 80 per cent of our export basket. On the other hand‚ major import items constitute capital goods and intermediates which not only support the manufacturing sector but also supply raw-materials for the export oriented units. Over the years‚ India ’s trade
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BANGLADESH AND INTERNATIONAL TRADE A) Major Trade Partners of Bangladesh : Major trade partners of Bangladesh in terms of export and import are outlined below. Table : Export Trade Partners (in Million US$) | Year | Total |USA |UK |Germany |France |Netherlands |Japan | | 1985-86 | 819 |173 |46 |21 |7 |15 |61 | | 1990-91
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in one country to other countries. There are two types of exporting: direct and indirect. Direct exports Direct exports represent the most basic mode of exporting made by a (holding) company‚ capitalizing on economies of scale in production concentrated in the home country and affording better control over distribution. Direct export works the best if the volumes are small. Large volumes of export may trigger protectionism. Types Sales representatives Sales representatives represent foreign
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