00 to 1100 words essay. One of the more important measures in regard to international
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now
economics is the balance of payments. Think of it as a national
accounting measure that looks at the flow of goods and services into and
out of an economy in a given period of time. It also shows capital
flows into and out of a country. Until 1980, the United States tended to
run a positive-to-neutral balance of payments position and was a
creditor nation. In the course of the past 30 years, the United States
has moved to a negative balance of payments and to being a debtor
Review and discuss the following:
- Discuss the importance of the balance of payments as an accounting measure.
- Discuss the current account and its components and the capital and financial accounts and their components.
- How important is the U.S. deficit in traded goods in regard to the balance of payments?
Here are some relevant articles to help you with this assignment: