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INTERNATIONAL FINANCIAL MANAGEMENT

INTERNATIONAL FINANCIAL MANAGEMENT. Fourth Edition. EUN / RESNICK. 3. The Balance of Payments. Chapter Three. Chapter Objective: This chapter serves to introduce the student to the balance of payments. How it is constructed and how balance of payments data may be interpreted.

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Balance of Payments

Balance of Payments. Chapter 3. Chapter Three Outline. Balance of Payments Accounting Balance of Payments Accounts The Current Account The Capital Account Statistical Discrepancy Official Reserves Account The Balance of Payments Identity Balance of Payments Trends in Major Countries.

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THE BALANCE OF PAYMENTS

THE BALANCE OF PAYMENTS. Chapter 4. WHAT IS THE BALANCE OF PAYMENTS?. The Balance of Payments of a country is a systematic, double-entry accounting record of all economic transactions during a given period of time between the residents of the country and foreign residents

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Reserves account - PowerPoint PPT Presentation

INTERNATIONAL FINANCIAL MANAGEMENT

Balance of Payments

THE BALANCE OF PAYMENTS