Discuss-the-importance-of-the-balance-of-payments-as-an-accounting-measure-

/in /by

900 to 1100 words essay. One of the more important measures in regard to international 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 nation.

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:

  • The Changing Nature of the U.S. Balance of Payments

    • Balance of Payments

     
    Do you need a similar assignment done for you from scratch? We have qualified writers to help you. We assure you an A+ quality paper that is free from plagiarism. Order now for an Amazing Discount!
    Use Discount Code "Newclient" for a 15% Discount!

    NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.