Blce_paym

Views:
 
Category: Entertainment
     
 

Presentation Description

No description available.

Comments

Presentation Transcript

Balance of Payment An intuitive explanation:

Balance of Payment An intuitive explanation Carlos A. Benito Econ 303: International Economics

Personal Balance of Payment:

Personal Balance of Payment A Young Worker Case A College Student Case Generic Form

Posting of credits and debits Goods and service transactions:

Posting of credits and debits Goods and service transactions Export of a good or service Cash in + Good or service out Import of a good or service Cash out - Good or service in

Posting of credits and debits Unilateral transfers:

Posting of credits and debits Unilateral transfers Receiving gifts from abroad Cash in + Good will out Giving gifts abroad Cash out - Good will in

Posting of credits and debits Financial transactions:

Posting of credits and debits Financial transactions Selling bonds and stocks Cash in + Securities out Buying bonds and stocks Cash out - Securities in

“Interpersonal” Investment Position:

“Interpersonal” Investment Position Stock at year 2000 Change in year 2001*** Stock at year 2001 Long Term Capital Balance* -2000 -1700 -3700 Short Term Capital Balance 50 -30 20 Reserves** 500 -400 100 Net Investment Position -1450 -3580 * “Credit to” minus “loans from” ** Deposits minus withdraws *** From Balance of Payment (Capital Account)