Tuesday, 11 May 2010

Balance of Payments and Exchange Rates Wang wenjing

Balance of payments and exchange rates account reflects a period of time a country of all economic transactions with foreign income and expenditure flow meter. It is a country with other countries in the process of economic and technological exchanges occurred in trade, non-trade, capital transactions and the actual dynamic reserve assets recorded by the system is an important tool for the international balance of payments accounting. Through the international balance of payments can be consolidated to reflect a country's international balance of payments position, revenue and expenditure structure and increase or decrease in reserve assets changes, for the development of foreign economic policy, analysis on the basic economic factors of international balance of payments, to take corresponding provide the basis for regulatory measures, and other accounting related to foreign parts of the table to provide basic information. Balance of payments and exchange rates is a statistical table, which records a particular form, sorting the balance of payments of a country or region details.

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