Economics – Class 12 – Balance of Payment

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Economics – Class 12 – Balance of Payment

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Economics – Class 12 – Balance of Payment – 2023-24 – Macro Economics – Balance of Trade, Types of balance of Trade, Current Account in Balance of Payment, Components, Export & Import of Goods, Export & Import of Services, Unilateral Transfers, Net Value, Capital Account in Balance of Payment, Borrowings & Loans, Foreign Investments, Change in Foreign Exchange Reserves, Equilibrium in Balance of payment, Difference between Autonomous & Accomodating Transactions – 17 Pages – Helpful for Students appearing Board Examination and Teachers

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ECONOMICS
XII-(2023-24)

P

,Balance of Trade:
It is the difference between the valu
goods exported and value of goods
imported.
BOT = Export value – Import value
[Only Tangible/ Visible goods]
It is a Narrow concept as Compared
Balance of payments.

, It is a statement that records all
economic transactions of a country
with rest of the world.

Visible items: It includes all types of phy
exported & imported. These are seen cro
borders. e.g. Machines and many other t

goods.

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School year: 5
Uploaded on: September 11, 2024
Number of pages: 17
Written in: 2024/2025
Type: Class notes
Professor(s): Kbzone
Contains: 8 to 12

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