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Macroeconomics: Balance of payments

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Macroeconomics: Balance of payments

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About this activity

https://courses.lumenlearning.com/boundless-economics/chapter/capital-flows/ (adapted)

Created by

Shaner Adams
Shaner Adams
United States

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Macroeconomics: Balance of payments
 

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Macroeconomics: Balance of paymentsOnline version

https://courses.lumenlearning.com/boundless-economics/chapter/capital-flows/ (adapted)

by Shaner Adams
1

Whenever a country receives funds from a foreign source , a is recorded on the balance of payments . Whenever a country has an outflow of funds , it is recorded as a on the balance of payments . When all components of the BOP accounts are included they must sum to with overall surplus or deficit . The account records the flow of income from one country to another . The account records the flow of assets from one country to another . The account is typically much smaller than the other two and includes miscellaneous transfers that do not affect national income .

 
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