THE BALANCE OF PAYMENTS ALWAYS BALANCES Economic Concepts Balance of payments Capital account Current account Financial assets Trade deficit Trade surplus Content Standards Standard 5: Students will understand that: Voluntary exchange occurs only when all participating parties expect to gain. This is true for trade among individuals or organizations within a nation, and among individuals or organizations in different nations. • Students will
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Question 2.2 Project Scope Checklist for AET Data Centre Migration 1. Project Objectives 1. Implementing the migration of a large data centre to a new office location 2. At a cost of $80 000 to $90 000 including the infrastructure upgrade of the new site. 2. Deliverables 1. Fully functional data centre with raised floor within agreed time limit. 2. Insure remote disaster “HOT” site for full functionality. 3. No downtime. 4. Switchover approval
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Miniature Circuit Breaker or MCB is today’s version of old outdated fuses. Today most modern homes, factories, plants, offices have installed MCBs replacing the earlier Rewireable Kid-Kats /Switches. MCBs • Prevents the passage of full fault current during short circuit. • Results in opening of contacts in less than 1 m sec. • Total operating time
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The variables and their effects have been covered in detail ahead. Reasons behind choosing the independent variables Our main independent variables are Literacy Rate, Economic Freedom Rating, Government Spending as percentage of GDP and Current Account Balance. Here is a brief rationale behind the choice. • Literacy Rate: Literacy rate is a direct indicator of the human resource capability of the country and is positively correlated with the productivity of the country’s labor force.
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of Payments: It is the sum of current account and capital account of a country and is an external account of a country with other countries. Both current account and capital account play a role in determining the movement of the currency: o Current Account Surplus/Deficit: Current account surplus means exports are more than imports. In economics we assume prices to be in equilibrium and hence to balance the surplus, the currency should appreciate. Likewise for current account deficit countries, the
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OUTLINE I. A brief description of this country in terms of demographics, language, currency, political system, predominant industries, and current (i.e. last year) economic indicators such as nominal GDP, GDP per capita, unemployment, budget deficit (% of GDP), balance of payments accounts (% of GDP), and inflation. II. Brief description of the behavior of various economic indicators at the last 20 years III. Brief description of the behavior of various economic indicators for at
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1. Introduction The exchange rate volatility and its impact on the volume of international trade has been studied Intensively during 1970’s when the world economy shifted from fixed exchange rate to free floating Exchange rate. The hypotheses may be that if the exchange rate volatility is higher than it will generate Uncertainty of the future profit from export trade. To diminish the uncertainty investors can go for Currency hedge and minimize the uncertainty related to international trade
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Cash balance - The cash balance is your cash on hand. This includes what is in your checking accounts, savings accounts, petty cash and any other cash accounts that you might have. • Cash sales - After arriving at a base figure of cash sales, it must be adjusted for any trade or other discounts and for possible returns. As stated previously, the base level of sales (and of accounts receivable) will be determined by the company’s projections, goals and past experience. • Collections of accounts
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Economic Indicators | Value | GDP Growth Rate | 9.1% | IIP Growth Rate | 14% | Agricultural Growth Rate | 4.3% | Fiscal Deficit | 800 billion yuan | Interest Rates | 6.56% | Exports | 180.2 billion USD | Imports | 148.5 billion USD | Current Account Deficit | 59.8 billion USD | Inflation | 7.65% | Foreign Exchange Reserves | 3.24 trillion USD | GDP Growth Rate: * GDP (purchasing power parity) of china is $11.3 trillion second largest in the world. * Most of the GDP is comprised
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Raintree Cosmetic Company sells its products to customers on a credit basis. An adjusting entry for bad debt expense is recorded only at December 31, the company’s fiscal year-end. The 2010 balance sheet disclosed the following: Current assets: Receivables, net of allowance for uncollectable accounts of $30,000 $432,000 During 2011, credit sales were $1,750,000, cash collections from customers $1,830,000 and $35,000 in accounts receivable were write off. In addition, $3,000 was collection
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