The presentation focuses on the topic of Indian foreign trade. The balance of trade and balance of payment are the important terms related to import and export. It is helpful for the students of international trade and commerce students.
The document discusses the key differences between a balance of trade and a balance of payments. A balance of trade only considers imports and exports of goods, while a balance of payments considers all economic transactions including trade in goods and services as well as capital transfers. A balance of payments must balance, while a balance of trade can be favorable, unfavorable, or balanced. The balance of trade is a component of the current account in a country's overall balance of payments.
The document provides an overview of balance of payments, including definitions, key components, and situations of surplus and deficit. It defines balance of payments as the record of international financial transactions made by a country's residents. It notes there can be either a surplus or deficit. A deficit means imports exceed exports, requiring borrowing, while a surplus means exports exceed imports, allowing lending. The balance of payments has three components: the financial account, which measures changes in asset ownership; the capital account, which covers non-income affecting transactions; and the current account, which measures trade, investment income, and payments.
Balance of payment concept, components and trends shivakumar patil
India recorded a trade deficit of $5.07 billion in March 2016, significantly lower than the $11.39 billion deficit in the same month of the previous year. This is the lowest monthly trade deficit since March 2011. Exports declined 5.47% year-over-year while imports fell 21.56% due to lower oil and non-oil imports. For the entire 2015-2016 fiscal year, India's trade deficit narrowed to $118.5 billion from $137.7 billion in the prior year as exports decreased 15.8% and imports fell 15.28%.
The balance of payments records international transactions between a country and the rest of the world. It has three main components - the current account, capital account, and financial account. The current account covers trade in goods and services as well as transfer payments. A deficit occurs when payments are greater than receipts, while a surplus is when receipts are greater. Disequilibria can be caused by economic, political, and social factors. Countries use automatic and deliberate measures to correct imbalances, with deliberate measures including monetary, trade, and other policies.
This document provides an overview of a country's balance of payments. It defines the balance of payments as a systematic record of all economic transactions between residents of a country and foreign countries over a period of time, usually annually. It notes that the balance of payments has two sides, credits and debits, with receipts recorded on the credit side and payments on the debit side. It also distinguishes between different types of transactions that affect the current account and capital account and discusses using balance of payments data to analyze a country's economic strength and identify needed policy measures.
The document discusses the balance of payments (BOP), which is a comprehensive record of all economic transactions between a country and the rest of the world over a period of time, usually a year. It includes both visible and invisible items, such as goods/services and unilateral transfers. The BOP has three accounts - current, capital, and reserve. Disequilibrium in the BOP can be a surplus or deficit and can be caused by factors like trade cycles, population growth, and policy changes. It can be corrected using monetary methods like devaluation or exchange controls, or non-monetary methods like tariffs, quotas, and export promotion.
The balance of payments is a systematic record of all economic transactions between residents of a country and the rest of the world over a period of time. It includes exports and imports of visible goods as well as invisible items. The balance of payments is important as it provides indications of a country's past trade performance and guides monetary, fiscal and other economic policies. It is made up of the current account, capital account, and reserves and errors account. A balanced balance of payments means the total credits equal total debits, while a surplus or deficit represents an imbalance.
The document discusses the balance of payments (BOP) of a country. The BOP presents a summary of a nation's economic transactions with the rest of the world over a period of time. It differs from the balance of trade in that it includes invisible items like services, investment income, and expenditures by tourists, not just goods trade. The components of the BOP include the current account, capital account, unilateral transfers account, and official reserves account. A BOP surplus or deficit represents disequilibrium that can be corrected through automatic market forces or deliberate measures like monetary policy changes, trade policy adjustments, and promoting foreign investment.
The document discusses the key differences between a balance of trade and a balance of payments. A balance of trade only considers imports and exports of goods, while a balance of payments considers all economic transactions including trade in goods and services as well as capital transfers. A balance of payments must balance, while a balance of trade can be favorable, unfavorable, or balanced. The balance of trade is a component of the current account in a country's overall balance of payments.
The document provides an overview of balance of payments, including definitions, key components, and situations of surplus and deficit. It defines balance of payments as the record of international financial transactions made by a country's residents. It notes there can be either a surplus or deficit. A deficit means imports exceed exports, requiring borrowing, while a surplus means exports exceed imports, allowing lending. The balance of payments has three components: the financial account, which measures changes in asset ownership; the capital account, which covers non-income affecting transactions; and the current account, which measures trade, investment income, and payments.
Balance of payment concept, components and trends shivakumar patil
India recorded a trade deficit of $5.07 billion in March 2016, significantly lower than the $11.39 billion deficit in the same month of the previous year. This is the lowest monthly trade deficit since March 2011. Exports declined 5.47% year-over-year while imports fell 21.56% due to lower oil and non-oil imports. For the entire 2015-2016 fiscal year, India's trade deficit narrowed to $118.5 billion from $137.7 billion in the prior year as exports decreased 15.8% and imports fell 15.28%.
The balance of payments records international transactions between a country and the rest of the world. It has three main components - the current account, capital account, and financial account. The current account covers trade in goods and services as well as transfer payments. A deficit occurs when payments are greater than receipts, while a surplus is when receipts are greater. Disequilibria can be caused by economic, political, and social factors. Countries use automatic and deliberate measures to correct imbalances, with deliberate measures including monetary, trade, and other policies.
This document provides an overview of a country's balance of payments. It defines the balance of payments as a systematic record of all economic transactions between residents of a country and foreign countries over a period of time, usually annually. It notes that the balance of payments has two sides, credits and debits, with receipts recorded on the credit side and payments on the debit side. It also distinguishes between different types of transactions that affect the current account and capital account and discusses using balance of payments data to analyze a country's economic strength and identify needed policy measures.
The document discusses the balance of payments (BOP), which is a comprehensive record of all economic transactions between a country and the rest of the world over a period of time, usually a year. It includes both visible and invisible items, such as goods/services and unilateral transfers. The BOP has three accounts - current, capital, and reserve. Disequilibrium in the BOP can be a surplus or deficit and can be caused by factors like trade cycles, population growth, and policy changes. It can be corrected using monetary methods like devaluation or exchange controls, or non-monetary methods like tariffs, quotas, and export promotion.
The balance of payments is a systematic record of all economic transactions between residents of a country and the rest of the world over a period of time. It includes exports and imports of visible goods as well as invisible items. The balance of payments is important as it provides indications of a country's past trade performance and guides monetary, fiscal and other economic policies. It is made up of the current account, capital account, and reserves and errors account. A balanced balance of payments means the total credits equal total debits, while a surplus or deficit represents an imbalance.
The document discusses the balance of payments (BOP) of a country. The BOP presents a summary of a nation's economic transactions with the rest of the world over a period of time. It differs from the balance of trade in that it includes invisible items like services, investment income, and expenditures by tourists, not just goods trade. The components of the BOP include the current account, capital account, unilateral transfers account, and official reserves account. A BOP surplus or deficit represents disequilibrium that can be corrected through automatic market forces or deliberate measures like monetary policy changes, trade policy adjustments, and promoting foreign investment.
The document provides information about a country's Balance of Payments (BOP), including:
- BOP is a systematic record of all economic transactions between residents of a country and the rest of the world over a period of time.
- The key components of BOP are the current account (covering trade in goods and services), capital account (covering movement of capital), and official reserves account.
- Disequilibriums in BOP can be caused by economic, political, and social factors and governments use various monetary, trade, and other measures to correct BOP deficits.
The document discusses the balance of payments (BOP) of a country. It defines BOP as a systematic record of all economic transactions between a country and the rest of the world. The BOP has three components - the current account, capital account, and official settlements account. The current account covers exports and imports of goods and services. The capital account covers financial flows. Disequilibriums in the BOP can be corrected through automatic measures like changes in exchange rates or deliberate measures like trade policy changes and monetary policy tools.
The document provides information about Pakistan's balance of payments (BOP), including what the BOP is, potential causes of imbalances, its key components and conceptual framework. It notes the BOP provides a record of economic transactions between residents and non-residents of an economy. The State Bank of Pakistan compiles Pakistan's monthly, quarterly and annual BOP statistics using data from various sources. Summaries and graphs of Pakistan's BOP for fiscal years 2016 and 2017 are also presented.
The balance of payments (BOP) measures all international monetary transactions between a country and the rest of the world over a period of time, usually quarterly or annually. It accounts for all trades by the private and public sectors to determine the inflow and outflow of money. The BOP should theoretically be zero with assets and liabilities balancing, but in practice there is often a surplus or deficit. This can indicate issues in parts of the economy and whether policies need adjustment.
Pakistan has continuously suffered from a trade deficit since 1973. The balance of trade is calculated as the value of imports minus the value of exports. A trade deficit occurs when a country imports more goods than it exports, while a trade surplus happens when exports exceed imports. Factors that affect Pakistan's balance of trade include production costs, currency exchange rates, trade restrictions and barriers, availability of foreign exchange, and consumption and savings levels. Improving the trade balance requires depreciating the currency, taxing capital inflows, consuming less and saving more.
The document summarizes India's balance of payments (BOP) over several years. It finds that:
1. India's trade balance has consistently been in deficit as imports have exceeded exports. Imports of petroleum products in particular have increased steadily.
2. The current account, which includes both visible and invisible items, recorded deficits from 1990-2001 but surpluses in 2003-2004 and 2005-2006. Invisibles like services and remittances have helped cover trade deficits.
3. Capital account has remained positive due to large inflows of foreign direct investment, foreign institutional investment, and deposits from non-resident Indians. Foreign exchange reserves have fluctuated depending on current and capital accounts.
The document discusses the components of a country's balance of payments (BOP), which is a statistical record of its international transactions. It is presented as a double-entry bookkeeping statement with receipts and payments over a time period. The major components are the current account (exports, imports, services, income), capital account (investments, loans), and official reserve account (gold, foreign currency, SDRs). The current account balance is in surplus if receipts exceed payments and in deficit if payments exceed receipts. The capital account similarly shows a surplus if capital inflows exceed outflows. Overall BOP surplus or deficit depends on the combined balance of the current and capital accounts.
Brief PPT on Balance of payment Vs Balance of TradeShubham Parsekar
The ppt is based on Balance of payment and Balance of trade, their meaning ,factors affecting them and difference between both i.e BOP & BOT.
i hope this presentation will be helpful to you , as everything is tried to fit in these slides. i suggest everyone to just go through the economics text book and gain more insights if one is very much interested in it.
please like the presentation and comment below your views about it.
follow me on slideshare for more informative power point presentations.
Trade Deficit is a situation where the country is buying more from other countries and selling less to other countries. The other name of Trade Deficit is Negative Balance of Trade (BOT).
To know more about it, click on the link given below:
https://efinancemanagement.com/economics/trade-deficit-meaning-causes-effects-advantages-disadvantages-and-more
The document discusses balance of payments (BOP), which measures international economic transactions between residents of a country and foreign residents. It has three main parts: the current account, capital account, and reserves. BOP disequilibrium can occur for various reasons, and countries use methods like devaluation, tariffs, import quotas, and export duties to correct disequilibriums. Equilibrium is achieved when surpluses or deficits are eliminated from the BOP.
A disequilibrium in the balance of payments (BOP) refers to a surplus or deficit. A surplus occurs when total receipts exceed total payments, while a deficit happens when total payments are greater than total receipts. The BOP can be favorable or unfavorable depending on whether credits are greater or less than debits. Causes of disequilibrium include temporary factors, changes in national income, inflation, economic development stage, borrowing and lending amounts, exchange rate fluctuations, and political instability. There are also different types of disequilibrium such as cyclical, structural, short-run, and long-run. Too much disequilibrium can negatively impact a country's growth and competitiveness. Measures to address
This document discusses disequilibrium in a country's balance of payments. It defines balance of payments equilibrium as equal demand and supply of foreign currency in a period. Disequilibrium occurs when there is a surplus or deficit, meaning exports are greater or less than imports respectively. The document then discusses various causes of disequilibrium including economic, natural, political, and social factors. It outlines different types of economic disequilibrium and provides examples. Finally, it discusses automatic and deliberate measures countries take to correct disequilibrium, such as monetary, trade, and miscellaneous policy actions aimed at increasing exports and decreasing imports.
The balance of payments records a country's economic transactions with the rest of the world. It has three components: visible items like exports and imports of goods, invisible items like services, and capital transfers. The balance of trade is the difference between exports and imports of visible items and can be in surplus, deficit, or equilibrium. The balance of payments includes all transactions and must always balance, while the balance of trade can be unequal. Countries use measures like devaluation, import restrictions, export promotion, and capital controls to correct an adverse balance of payments.
India's balance of payments witnessed improvements in 2009-10 as the global economic recovery was visible. Exports and imports both increased during the third quarter, with the trade deficit lower than the previous year. The current account deficit was marginally higher for April-December 2009 compared to the same period in 2008, due to a fall in invisibles surplus despite a lower trade deficit. Capital flows remained strong, led by FDI, portfolio investments, and trade credits. Foreign exchange reserves increased by $27.1 billion for the year, reaching $279.1 billion in March 2010. The turnaround in exports and continued capital inflows inflows buoyed India's external sector.
The document discusses the balance of payments, which is a systematic record of all monetary transactions between a country and the rest of the world over a period of time, usually one year. It includes transactions by citizens and the government. The balance of payments considers all transactions, while the balance of trade only considers trade transactions. A country aims for its balance of payments to equal zero. The main components are the current account, capital account, reserve accounts, and errors and omissions. The document also discusses causes of imbalances and measures to correct adverse balances, such as increasing exports, reducing imports, and controlling the population.
The balance of a payment is a systematic record of all its monetary transections with other countries of the world in a given period of time. i.e 1 year
Balance of payment adjustment through fiscal policy an obserationhemant sonawane
This document provides a history of balance of payments issues from pre-1820 to the present. It discusses several periods: pre-1820 when mercantilism dominated and countries aimed for trade surpluses; 1820-1914 when free trade increased global economic integration under the gold standard; 1914-1945 which saw deglobalization during World War I and the Great Depression; 1945-1971 when the Bretton Woods system established fixed but adjustable exchange rates; and 1971-present during the transition away from Bretton Woods to more flexible exchange rates. Throughout this history, countries and economists have debated the appropriate policy approaches to addressing balance of payments issues.
The document defines and describes key aspects of a country's Balance of Payments account, including that it is a systematic record of all economic transactions between a country and the rest of the world over a specific period, usually annually. It includes components like the current account, capital account, and errors and omissions. The balance of payments can be in deficit, surplus, or balanced depending on whether receipts are greater than, less than, or equal payments. Countries employ various monetary and non-monetary measures to correct a deficit.
The document discusses balance of trade, balance of payments, causes of disequilibrium in balance of payments, and measures to correct disequilibrium. It defines balance of trade as the difference between a country's exports and imports of visible goods over a period of time. Balance of payments is a record of all external transactions, including goods, services, and capital flows. Causes of disequilibrium include trade cycles, population growth, external borrowing, and inflation. Measures to correct disequilibrium involve monetary actions like depreciation or devaluation, and non-monetary actions like tariffs, quotas, or export promotion policies.
The document provides information about a country's Balance of Payments (BOP), including:
- BOP is a systematic record of all economic transactions between residents of a country and the rest of the world over a period of time.
- The key components of BOP are the current account (covering trade in goods and services), capital account (covering movement of capital), and official reserves account.
- Disequilibriums in BOP can be caused by economic, political, and social factors and governments use various monetary, trade, and other measures to correct BOP deficits.
The document discusses the balance of payments (BOP) of a country. It defines BOP as a systematic record of all economic transactions between a country and the rest of the world. The BOP has three components - the current account, capital account, and official settlements account. The current account covers exports and imports of goods and services. The capital account covers financial flows. Disequilibriums in the BOP can be corrected through automatic measures like changes in exchange rates or deliberate measures like trade policy changes and monetary policy tools.
The document provides information about Pakistan's balance of payments (BOP), including what the BOP is, potential causes of imbalances, its key components and conceptual framework. It notes the BOP provides a record of economic transactions between residents and non-residents of an economy. The State Bank of Pakistan compiles Pakistan's monthly, quarterly and annual BOP statistics using data from various sources. Summaries and graphs of Pakistan's BOP for fiscal years 2016 and 2017 are also presented.
The balance of payments (BOP) measures all international monetary transactions between a country and the rest of the world over a period of time, usually quarterly or annually. It accounts for all trades by the private and public sectors to determine the inflow and outflow of money. The BOP should theoretically be zero with assets and liabilities balancing, but in practice there is often a surplus or deficit. This can indicate issues in parts of the economy and whether policies need adjustment.
Pakistan has continuously suffered from a trade deficit since 1973. The balance of trade is calculated as the value of imports minus the value of exports. A trade deficit occurs when a country imports more goods than it exports, while a trade surplus happens when exports exceed imports. Factors that affect Pakistan's balance of trade include production costs, currency exchange rates, trade restrictions and barriers, availability of foreign exchange, and consumption and savings levels. Improving the trade balance requires depreciating the currency, taxing capital inflows, consuming less and saving more.
The document summarizes India's balance of payments (BOP) over several years. It finds that:
1. India's trade balance has consistently been in deficit as imports have exceeded exports. Imports of petroleum products in particular have increased steadily.
2. The current account, which includes both visible and invisible items, recorded deficits from 1990-2001 but surpluses in 2003-2004 and 2005-2006. Invisibles like services and remittances have helped cover trade deficits.
3. Capital account has remained positive due to large inflows of foreign direct investment, foreign institutional investment, and deposits from non-resident Indians. Foreign exchange reserves have fluctuated depending on current and capital accounts.
The document discusses the components of a country's balance of payments (BOP), which is a statistical record of its international transactions. It is presented as a double-entry bookkeeping statement with receipts and payments over a time period. The major components are the current account (exports, imports, services, income), capital account (investments, loans), and official reserve account (gold, foreign currency, SDRs). The current account balance is in surplus if receipts exceed payments and in deficit if payments exceed receipts. The capital account similarly shows a surplus if capital inflows exceed outflows. Overall BOP surplus or deficit depends on the combined balance of the current and capital accounts.
Brief PPT on Balance of payment Vs Balance of TradeShubham Parsekar
The ppt is based on Balance of payment and Balance of trade, their meaning ,factors affecting them and difference between both i.e BOP & BOT.
i hope this presentation will be helpful to you , as everything is tried to fit in these slides. i suggest everyone to just go through the economics text book and gain more insights if one is very much interested in it.
please like the presentation and comment below your views about it.
follow me on slideshare for more informative power point presentations.
Trade Deficit is a situation where the country is buying more from other countries and selling less to other countries. The other name of Trade Deficit is Negative Balance of Trade (BOT).
To know more about it, click on the link given below:
https://efinancemanagement.com/economics/trade-deficit-meaning-causes-effects-advantages-disadvantages-and-more
The document discusses balance of payments (BOP), which measures international economic transactions between residents of a country and foreign residents. It has three main parts: the current account, capital account, and reserves. BOP disequilibrium can occur for various reasons, and countries use methods like devaluation, tariffs, import quotas, and export duties to correct disequilibriums. Equilibrium is achieved when surpluses or deficits are eliminated from the BOP.
A disequilibrium in the balance of payments (BOP) refers to a surplus or deficit. A surplus occurs when total receipts exceed total payments, while a deficit happens when total payments are greater than total receipts. The BOP can be favorable or unfavorable depending on whether credits are greater or less than debits. Causes of disequilibrium include temporary factors, changes in national income, inflation, economic development stage, borrowing and lending amounts, exchange rate fluctuations, and political instability. There are also different types of disequilibrium such as cyclical, structural, short-run, and long-run. Too much disequilibrium can negatively impact a country's growth and competitiveness. Measures to address
This document discusses disequilibrium in a country's balance of payments. It defines balance of payments equilibrium as equal demand and supply of foreign currency in a period. Disequilibrium occurs when there is a surplus or deficit, meaning exports are greater or less than imports respectively. The document then discusses various causes of disequilibrium including economic, natural, political, and social factors. It outlines different types of economic disequilibrium and provides examples. Finally, it discusses automatic and deliberate measures countries take to correct disequilibrium, such as monetary, trade, and miscellaneous policy actions aimed at increasing exports and decreasing imports.
The balance of payments records a country's economic transactions with the rest of the world. It has three components: visible items like exports and imports of goods, invisible items like services, and capital transfers. The balance of trade is the difference between exports and imports of visible items and can be in surplus, deficit, or equilibrium. The balance of payments includes all transactions and must always balance, while the balance of trade can be unequal. Countries use measures like devaluation, import restrictions, export promotion, and capital controls to correct an adverse balance of payments.
India's balance of payments witnessed improvements in 2009-10 as the global economic recovery was visible. Exports and imports both increased during the third quarter, with the trade deficit lower than the previous year. The current account deficit was marginally higher for April-December 2009 compared to the same period in 2008, due to a fall in invisibles surplus despite a lower trade deficit. Capital flows remained strong, led by FDI, portfolio investments, and trade credits. Foreign exchange reserves increased by $27.1 billion for the year, reaching $279.1 billion in March 2010. The turnaround in exports and continued capital inflows inflows buoyed India's external sector.
The document discusses the balance of payments, which is a systematic record of all monetary transactions between a country and the rest of the world over a period of time, usually one year. It includes transactions by citizens and the government. The balance of payments considers all transactions, while the balance of trade only considers trade transactions. A country aims for its balance of payments to equal zero. The main components are the current account, capital account, reserve accounts, and errors and omissions. The document also discusses causes of imbalances and measures to correct adverse balances, such as increasing exports, reducing imports, and controlling the population.
The balance of a payment is a systematic record of all its monetary transections with other countries of the world in a given period of time. i.e 1 year
Balance of payment adjustment through fiscal policy an obserationhemant sonawane
This document provides a history of balance of payments issues from pre-1820 to the present. It discusses several periods: pre-1820 when mercantilism dominated and countries aimed for trade surpluses; 1820-1914 when free trade increased global economic integration under the gold standard; 1914-1945 which saw deglobalization during World War I and the Great Depression; 1945-1971 when the Bretton Woods system established fixed but adjustable exchange rates; and 1971-present during the transition away from Bretton Woods to more flexible exchange rates. Throughout this history, countries and economists have debated the appropriate policy approaches to addressing balance of payments issues.
The document defines and describes key aspects of a country's Balance of Payments account, including that it is a systematic record of all economic transactions between a country and the rest of the world over a specific period, usually annually. It includes components like the current account, capital account, and errors and omissions. The balance of payments can be in deficit, surplus, or balanced depending on whether receipts are greater than, less than, or equal payments. Countries employ various monetary and non-monetary measures to correct a deficit.
The document discusses balance of trade, balance of payments, causes of disequilibrium in balance of payments, and measures to correct disequilibrium. It defines balance of trade as the difference between a country's exports and imports of visible goods over a period of time. Balance of payments is a record of all external transactions, including goods, services, and capital flows. Causes of disequilibrium include trade cycles, population growth, external borrowing, and inflation. Measures to correct disequilibrium involve monetary actions like depreciation or devaluation, and non-monetary actions like tariffs, quotas, or export promotion policies.
The Balance of Payments is a systematic record of all economic transactions between residents of a country and the rest of the world over a given period of time. It is a double-entry accounting statement that records a nation's exports and imports of goods and services, as well as financial capital inflows and outflows. Maintaining a balanced Balance of Payments is important for a stable economy, so nations aim to reduce deficits through policies targeting exports, imports, currency values, and international capital flows.
The document discusses the balance of payments (BOP) of a country. It defines BOP as a systematic record of all economic transactions between residents of a country and the rest of the world over a given period of time. The BOP has two components - the current account, which records trade in goods and services as well as income and transfers, and the capital account, which covers financial transactions such as investments. A disequilibrium in the BOP can result in a surplus or deficit. The government can employ various monetary and non-monetary measures to correct a BOP disequilibrium, such as depreciating the currency, increasing exports, reducing imports, and implementing fiscal policies.
India's balance of payments for the year ending March 2013 showed a current account deficit of $88.16 billion, or 4.2% of GDP. The trade deficit was $195.66 billion due to higher merchandise imports of $502.34 billion compared to exports of $306.58 billion. However, net invisibles earnings of $107.49 billion, including software exports of $64.92 billion and private transfers of $42.89 billion, partially offset the trade deficit. The average trade deficit was running at $16.31 billion per month. Exports of manufactured and engineering goods, which made up only 41% of total exports, need to increase by 15-20% annually to reduce the current
The document discusses the Balance of Payments (BOP) statement of a country. It explains that the BOP records all monetary transactions between a country and the rest of the world over a period of time. It includes transactions by individuals, corporations, and the government. The BOP indicates whether a country has a trade surplus or deficit. It also helps the government monitor the economy and make fiscal and trade policy decisions. The BOP has three key accounts - the current account for goods and services, the capital account for asset transactions, and the financial account for investments and intangible assets. Maintaining a balanced BOP is important for economic stability.
The balance of payments accounts record all monetary transactions between a country and the rest of the world, including payments for exports and imports of goods and services, as well as financial capital transfers. It has three main components: the current account balance, which covers trade in physical and services goods; the capital account balance, which covers financial transactions; and the overall balance of payments. A deficit can occur in any of these accounts due to economic, political, social, and other factors that impact trade and capital flows.
The document provides an overview of key economic concepts including microeconomics, macroeconomics, positive economics, normative economics, demand, determinants of demand, law of demand, supply, determinants of supply, law of supply, market structures, economic growth, factors affecting economic growth, sectors of the Indian economy, inflation, deflation, balance of trade, balance of payments, GDP, GNP, NNP, purchasing power parity, human development index, and classifications of countries based on their level of economic development.
This document provides an introduction and analysis of time series economic data for selected ASEAN countries from 1980-2014. It includes data on general government consumption, gross fixed capital formation, expenditure on exports, interest rates, inflation rates, nominal and real effective exchange rates, M2 money supply, exports, imports, and GDP for countries like Indonesia, Malaysia, the Philippines, Singapore, Thailand, Vietnam, Brunei, Cambodia, Laos, and Myanmar. The analysis finds that Indonesia had the highest government consumption and several countries like Indonesia and Vietnam saw increasing exports over time. Interest rates and inflation rates fluctuated over the period for most countries.
(i) The document discusses international trade and the balance of payments of a country. It defines balance of payments as a systematic record of all economic transactions between a country and the rest of the world over a period of time.
(ii) The balance of payments includes visible and invisible transactions, has credit and debit sides, and can show a surplus or deficit. It is affected by factors like a country's development programs, price changes, and demand for its exports.
(iii) Countries address an unfavorable balance of payments through measures like export promotion, import restrictions, controlling inflation, managing foreign exchange, and devaluing their currency.
- India's foreign trade can be traced back to the Indus Valley civilization. The 1991 reforms aimed to liberalize trade and attract foreign investment.
- The direction of India's trade refers to its major export and import partners. Exports have diversified to many countries. Major import sources are European countries.
- The composition of trade analyzes product groups. Exports have diversified from primary goods to manufactured goods. Imports now include more capital goods and industrial inputs.
- The balance of trade is favorable if exports exceed imports, and unfavorable if imports exceed exports. The balance of payments includes current accounts like trade plus capital and financial flows. India has recently experienced a lower trade deficit and falling exports and imports
The document discusses the Balance of Payments (BOP) of a country. It defines BOP as a systematic record of all economic transactions between residents of a country and the rest of the world over a given time period. BOP has three key components - the current account, capital account, and reserve account. The current account covers visible and invisible trade, while the capital account covers financial flows. A country experiences a BOP surplus if receipts exceed payments, and a deficit if payments exceed receipts. The document outlines various factors that can cause BOP disequilibria and measures to correct imbalances, such as monetary policy tools, export promotion, and import controls.
The document discusses the Balance of Payments (BOP) of a country. It defines BOP as a systematic record of all economic transactions between residents of a country and the rest of the world over a given time period. BOP has three key components - the current account, capital account, and reserve account. The current account records exports/imports of goods and services. A surplus in the current account means exports exceed imports, while a deficit means the opposite. The capital account records international investment flows. Disequilibriums in BOP can be addressed through monetary, fiscal and trade policies that aim to boost exports and curb imports.
This presentation discusses the balance of payments of India. It begins with defining the balance of payments as a systematic record of all monetary transactions between a country and other countries over a period of time, usually one year. It then discusses India's balance of payments position from 1985-2005, noting it experienced deficits from 1985-1990 but surpluses from 2001-2005. The presentation outlines the main components of a balance of payments statement including the current account, capital account, reserve accounts, and errors and omissions. It discusses the importance of monitoring a country's balance of payments and concludes with causes of imbalances and measures to correct adverse balance of payments situations.
The document provides information about balance of payments (BOP):
1. BOP is a systematic record of all economic transactions between a country and the rest of the world over a period of time, recording inflows and outflows of foreign exchange.
2. The BOP account has two sides - credits for inflows of foreign exchange and debits for outflows. It is prepared using double-entry bookkeeping.
3. The current account records trade in goods and services as well as unilateral transfers, while the capital account records changes in financial assets and liabilities with the rest of the world.
4. The BOP always balances as total receipts must equal total payments. Surpluses
The document discusses the balance of payments and balance of trade. It defines balance of payments as the record of all monetary transactions between a country and other countries, including capital flows, exports, imports and other payments. It has three components - current account, capital account and financial account. The current account covers short-term transactions while the capital account covers long-term international capital flows. Balance of trade is the difference between a country's exports and imports of goods, and is a component of the current account. It can be in surplus, deficit or balanced. The balance of payments provides a more complete picture of a country's economic status than just the balance of trade.
This document discusses the balance of payments (BOP) of a country. It defines BOP as a systematic record of all economic transactions between a country and the rest of the world over a period of time, usually annually. It notes that the BOP has two components - the current account, which covers visible and invisible trade, and the capital account, which covers financial transactions like investments. A country experiences a BOP surplus if it receives more foreign currency than it spends, and a deficit if it spends more than it receives. It also discusses factors that can cause BOP disequilibria and measures governments can take to address BOP deficits.
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Chapter wise All Notes of First year Basic Civil Engineering
Syllabus
Chapter-1
Introduction to objective, scope and outcome the subject
Chapter 2
Introduction: Scope and Specialization of Civil Engineering, Role of civil Engineer in Society, Impact of infrastructural development on economy of country.
Chapter 3
Surveying: Object Principles & Types of Surveying; Site Plans, Plans & Maps; Scales & Unit of different Measurements.
Linear Measurements: Instruments used. Linear Measurement by Tape, Ranging out Survey Lines and overcoming Obstructions; Measurements on sloping ground; Tape corrections, conventional symbols. Angular Measurements: Instruments used; Introduction to Compass Surveying, Bearings and Longitude & Latitude of a Line, Introduction to total station.
Levelling: Instrument used Object of levelling, Methods of levelling in brief, and Contour maps.
Chapter 4
Buildings: Selection of site for Buildings, Layout of Building Plan, Types of buildings, Plinth area, carpet area, floor space index, Introduction to building byelaws, concept of sun light & ventilation. Components of Buildings & their functions, Basic concept of R.C.C., Introduction to types of foundation
Chapter 5
Transportation: Introduction to Transportation Engineering; Traffic and Road Safety: Types and Characteristics of Various Modes of Transportation; Various Road Traffic Signs, Causes of Accidents and Road Safety Measures.
Chapter 6
Environmental Engineering: Environmental Pollution, Environmental Acts and Regulations, Functional Concepts of Ecology, Basics of Species, Biodiversity, Ecosystem, Hydrological Cycle; Chemical Cycles: Carbon, Nitrogen & Phosphorus; Energy Flow in Ecosystems.
Water Pollution: Water Quality standards, Introduction to Treatment & Disposal of Waste Water. Reuse and Saving of Water, Rain Water Harvesting. Solid Waste Management: Classification of Solid Waste, Collection, Transportation and Disposal of Solid. Recycling of Solid Waste: Energy Recovery, Sanitary Landfill, On-Site Sanitation. Air & Noise Pollution: Primary and Secondary air pollutants, Harmful effects of Air Pollution, Control of Air Pollution. . Noise Pollution Harmful Effects of noise pollution, control of noise pollution, Global warming & Climate Change, Ozone depletion, Greenhouse effect
Text Books:
1. Palancharmy, Basic Civil Engineering, McGraw Hill publishers.
2. Satheesh Gopi, Basic Civil Engineering, Pearson Publishers.
3. Ketki Rangwala Dalal, Essentials of Civil Engineering, Charotar Publishing House.
4. BCP, Surveying volume 1
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core of India. Mirzapur, with its varied terrains and abundant biodiversity, offers an optimal
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significant role in maintaining the ecological equilibrium of our planet.Land serves as the foundation for all human activities and provides the necessary materials for
these activities. As the most crucial natural resource, its utilization by humans results in different
'Land uses,' which are determined by both human activities and the physical characteristics of the
land.
The utilization of land is impacted by human needs and environmental factors. In countries
like India, rapid population growth and the emphasis on extensive resource exploitation can lead
to significant land degradation, adversely affecting the region's land cover.
Therefore, human intervention has significantly influenced land use patterns over many
centuries, evolving its structure over time and space. In the present era, these changes have
accelerated due to factors such as agriculture and urbanization. Information regarding land use and
cover is essential for various planning and management tasks related to the Earth's surface,
providing crucial environmental data for scientific, resource management, policy purposes, and
diverse human activities.
Accurate understanding of land use and cover is imperative for the development planning
of any area. Consequently, a wide range of professionals, including earth system scientists, land
and water managers, and urban planners, are interested in obtaining data on land use and cover
changes, conversion trends, and other related patterns. The spatial dimensions of land use and
cover support policymakers and scientists in making well-informed decisions, as alterations in
these patterns indicate shifts in economic and social conditions. Monitoring such changes with the
help of Advanced technologies like Remote Sensing and Geographic Information Systems is
crucial for coordinated efforts across different administrative levels. Advanced technologies like
Remote Sensing and Geographic Information Systems
9
Changes in vegetation cover refer to variations in the distribution, composition, and overall
structure of plant communities across different temporal and spatial scales. These changes can
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1. BALANCE OF TRADE
AND
BALANCE OF PAYMENT
Prepared By:
Mohammad Shahnawaz
(Assistant Professor)
MBA (UGCNET-Management)
MA (UGCNET- Education)
M.A. (Economics)
B.Ed.
3. Record of trade between two countries.
Total Export-Total Import=Balance of Trade
4. TYPES OF BALANCE OF TRADE (BoT)
1. Favorable BoT- Importing less Exporting more.
Also known as Positive balance of trade.
2. Unfavorable BoT- Importing more Exporting less.
Also known as Negative balance of trade.
5. BALANCE OF PAYMENT (BoP)
It is the record of all economic transactions between the
residents of the country and the rest of the world in
particular period of time.
Record of nation’s financial transactions in Goods and
Services with rest of the world in a single accounting year.
6. Factors Causing BoP Disequilibrium
1.Political Factor
Political uncertainty, economic instability, war, etc.
2.Social Factor
Changing culture, taste, preferences and fashion, rate of
urbanization, etc.
7. 3.Economic Factor
Structural changes in the economy, inflation,
development expenditure, etc.
4.Natural Factor
Natural calamities like flood, earthquake, tsunami,
drought, etc.
8. Measure to correct BoP
Disequilibrium
1. Devaluation
Official reduction of the external values of a currency.
It helps to reduce imports and increase export by
making imports costlier and exports cheaper.
9. 2.Deflation
It indicates fall in the price of commodity.
It would make the products cheaper in foreign
markets.
10. 3.Export Promotion
This includes tax concession to exporters, subsidies,
encouraging export production, etc.
4. Tariffs and Quotas
When tariffs are imposed, price of imports increase
and this will reduce the demand for imported Goods.
11. Under quota system government may fix quota of
commodity to be imported.
5. Non-tariff barriers
One country’s government completely prohibits trade
with another country.