当前位置:首页 >> 法律资料 >>

This is the part of balance of payment


This is the part of balance of payment.
Simply speaking, balance of payment refer to the flow of money into or out of a country .Balance of payment is an accounting statement which measures all financial and economic transcations between domestic and foreign residents over a specified peorid of time. The second part is the standard components of balance of payment.There are two accounts. The current accounts and the capital and Financial Accounts. The current account summarizes the flow of capital between one specified country and all other countries due to the purchases of goods or services, the provision of income on financial assets, or unilateral current transfers (e.g. government grants and pensions, private remittances). The current account balance is the sum of the debit and credit entries in the accounts just described. It pertains to goods, services, income and current transfers. The capital and financial account tabulates the flows of financial asset between domestic and foreign resident and between the government of the two countries. It pertains to capital transfers, acquisition or disposal of nonproduced assets, nonfinancial assets, financial assets and liabilities. Now, Let us talk about the China’s Balance of payment. Except the two accounts which I had mention before, there are also the omission and misrecorded transcations, so we use a “plus” figure to get things to balanced. There are the significance of the balance of payment. ?National Level ?Judging the external equilibrium of a country ?telling the structure of the domestic economy ?understanding the openness of a country ?Corporate Level ?Forecasting international competitiveness ?Judging pressure placed on exchange rate ?Signaling possible imposition of capital controls

Balance of Trade
Balance of trade is a very complex conception.According to the official explanation,say wikipedia, is the difference between the monetary value of exports and imports of output in an economy over a certain period, measured in the currency of that economy. It is the relationship between a nation's imports and exports. Measuring the balance of trade can be problematic because of problems with recording and collecting data. As an illustration of this problem, when official data for all the world's countries are added up, exports exceed imports by almost 1%; it appears the world is running a positive balance of trade with itself. This cannot be true, because all transactions involve an equal credit or debit in the account of each nation. The discrepancy is widely believed to be explained by transactions intended to launder money or evade taxes, smuggling and other visibility problems. However, especially for developed countries, it is likely the transaction statistics are accurate. Factors that can affect the balance of trade include:
? ?

The cost of production (land, labor, capital, taxes, incentives, etc.) in the exporting economy vis-à -vis those in the importing economy; Exchange rate movements;(to make it more understandable,for instance,when the RMB yuan appreciates US dollar.It means that Yuan is more valuable.It is no doubt that we will imports more goods from US.Thus we call this circumstance trade deficit when the imports exceed the exports.Or we can also call it negative balance.)

? ?

Multilateral, bilateral and unilateral taxes or restrictions on trade; Non-tariff barriers such as environmental, health or safety standards;


相关文章:
Test bank International Finance MCQ (word)Chap 4
D) all of the above. Answer: C Topic: Balance of payments Skill: ...Under a variable rate regime this is not necessary as exchange rates are ...
世界经济
of the UK balance of payments in the last 30 ...There is a steep rise in the number of current...Therefore, This period belongs to trade surplus. ...
国际经济学理论与政策--双语各章练习
How would this official intervention show up in the balance of payments ...is the most liquid of assets 4. The ease with which the asset can be ...
finance Balance of Payments 2012中国 国际收支平衡表
[ finance] [Balance of Payments] Balance of Payments 【Summary】:State Administration...an indication of the solvency of our country is also enhanced. Our...
Balance of Payments
Balance of Payments (BOP) A balance of payments (BOP) sheet is an ...this happens it always means something has been missed—most commonly, the ...
Balance of payments between China and US
Balance of payments between China and US_经管营销_专业资料。Balance of payments...This is a significant factor in making the terms of trade favour a ...
Financial English 《金融英语》内容结构
is generally accepted in the payment for goods and services or in the ...The Trade Balance Current Account Is the basic part of the BOP account ,...
Chapter1 Balance of payments
Chapter1 Balance of payments The Definition of NI Reflects the total productive...This is the net balance of capital dispersed from and into the US for ...
2009~2010-1-A-国际贸易实务
A.is in control of the goods C.retains control...The balance of payment 得分 Part Ⅳ Questions (...this First of Exchange (Second of the same ...
ch003 balance of payment...
Balance of Payments Accounting Balance of payments a) is defined as the ...this section, the notation is Y = GNP = national income C = consumption...
更多相关标签: