1. BALANCE OFPAYMENTWhen we say “a country’sbalance of payments” we arereferring to the transactions ofits citizens and government. 2. Group Members Karan Desai…

Slide 1© 2010 Pearson Addison-Wesley Slide 2 Slide 3 Gross Domestic Product GDP Defined GDP or gross domestic product is the market value of all final goods and services…

THE BALANCE OF PAYMENTS AND INTERNATIONAL ECONOMIC LINKAGES The balance of payments summarizes a nationâs international economic transactions. Balance of payments accounting…

The Balance of Payments Learning Outcomes Definition of the balance of payments (BOP) and its accounts Some macroeconomic relations The link between BOP and exchange rates…

BALANCE OF PAYMENT BALANCE OF PAYMENT: The balance of payments of a country is a systematic record of all economic transactions between the residents of a country and the…