Economics How to Correct Disequilibrium in the Balance of Payments ? 12 Jul 202012 Jul 2020 How to Correct Disequilibrium in the Balance of Payments ? According to the classical view of the adjustment mechanism, an active or passive balance, accompanied by an inflow or outflow…
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Economics… Economics Terms Series Part 5 – Trade, Trade Barriers, Balance of Payments, Stock Market, Stock Exchange, Shares 2 May 20203 May 2020 TRADE The exchange of goods and services, usually for money. INTERNATIONAL TRADE The movement and exchange of physical goods such as materials, component parts, equipment and finished products as well as…