7 (a) Explain the current and financial accounts in the balance of payments. Balance of Payment or also called as BOP is a statistical statement that systematically records of all economic transactions between one country and the rest of the world during a given period of time. For example‚ BOP shows the details of the total payments made by a country and also the total receipts by it. There are three major components that are summarized in the BOP which are Current account‚ Capital account and
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Cristel Moriau Introduction to International Economic Law Academiejaar: 2009-2010 Balance- of- payment – exception in the WTO | | |Background | |The WTO is the principal regulator of the commercial pillar of the international economic
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Balance of Payments Definition: BOP is a record of economic transaction between the residence of the country and the rest of the world during the period of one year. Balance of Trade Definition: BOT is the difference between the various export and import of visible goods of a country during a time. If the value of visible export exceed than the value of visible import than the balance of trade is said to be in favor. OR “The value of goods and services bought and sold in the world market.”
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THE PAYMENT OF BONUS ACT‚ 1965 ACT NO. 21 OF 1965 [25th September‚ 1965.] 1*[An Act to provide for the payment of bonus to persons employed in certain establishments on the basis of profits or on the basis of production or productivity and for matters connected therewith.] BE it enacted by Parliament in the Sixteenth Year of the Republic of India as follows:-1. Short title extent and application. 1. Short title extent and application.- (1) This Act may be called the Payment of Bonus Act‚ 1965. (2)
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IRREVOCABLE FEE PROTECTION AGREEMENT Reference : Number :……(number of letter)…… Initial Participation :….(value of fund)…./ (…%) Intermediaries Fee :…..(value of percentage above)…. Client Company :…..(name of user’s company)…. Client Name :…..(name of user)… Reference Code :…….. Agreement Date :…….. Recital : Whereas …..(intermediary’s name)….‚KTP number…..‚ as agent for Mr….(name of user) the participant and beneficiary of the above of the reference contract
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CHAPTER 3 BALANCE OF PAYMENTS SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS QUESTIONS 1. Define the balance of payments. Answer: The balance of payments (BOP) can be de fined as the statistical record of a country’s international transactions over a certain period of time presented in the form of double-entry bookkeeping. 2. Why would it be useful to examine a country’s balance of payments data? It Answer: would be useful to examine a country’s BOP
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CASA PRIME PAYMENT SCHEDULE: Construction Linked Payment Plan forms the Integral part of this application form. S.N. | Linked Stage | Payment | 1 | At the time of Registration | 15 % of Sale Price + Service Tax | 2 | On Raft Casting | 10 % of Sale Price + Service Tax | 3 | On Upper Basement Slab Casting | 10 % of Sale Price + Service Tax | 4 | On 1st Floor Slab Casting | 10 % of Sale Price + Service Tax | 5 | On 3rd Floor Slab Casting | 10 % of Sale Price + Service Tax | 6 | On
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scenario is changing. Indian market is getting connected to global market: 1. Appreciation of rupee 2. Change in policies. The country turned into an open economy 3. Change in technology 4. India has missed industrial revolution by indulging into services industry. 5. Stock market boom Above are some of the changes taken place in the past few years in the Indian economy which is making it more close to the international economy. With the economy opening up globally‚ trade has been the centre
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have been altered so not as to bias any discussion in class. On March 14‚ 2007 Chiquita Brands International entered into a plea agreement with the U.S. Department of Justice. Chiquita agreed to pay a $25 million fine after it admitted that it made payments to a terrorist organization for protection of its operations in Columbia. Teaching suggestions I find that this case works well when each ethical theory is used separately to analyze the situation. I begin by asking the students to summarize the
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a home owner assessments fee? Well‚ if you’ve been looking for a new home and you’re wondering how owning a home in a neighborhood that has a homeowners association (HOA)‚ then this is a question you need to know the answer to and an answer you need to thoroughly understand before you make any decisions. Why? Because not understanding the ramifications of the home owner assessments fee could ultimately cause you to lose your home‚ if you’re not prepared to pay such a fee when it’s assessed. That
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