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The U.S.A Economy and Balance of Payments


# 52405
The U.S.A Economy and Balance of Payments
Provides information about recent balance of payments adjustments made by the U.S.A.
1,928 words (approx. 7.7 pages) | 5 sources | APA | 2004 United States


Paper Summary:

The Balance of Payments (BOP) is the method that countries use to monitor all international monetary transactions at a specific period of time. The paper analyzes the current balance of payments adjustments made by the U.S.A. It describes the reasons for the adjustments and discusses the type of adjustment used by the American government.

From the Paper:

"It was once believed that a nations stock of international reserves was adequate to cover a nation's deficit, but history has shown that results are slow. The incentive for a nation to reduce payments surplus are not direct and immediate like that for reducing a payments deficit. (Carbaugh) The need for adjustment because of persistent BOP disequilibrium tends to have adverse economic consequences. There are two different classifications of BOP adjustments they are either automatic or discretionary. Under a system of fixed exchange rates, automatic adjustments can occur through variations in prices, interest rates, and incomes. The demand for and supply of money can also influence the adjustment process.

Cite this paper

APA Citation:

The U.S.A Economy and Balance of Payments (2012, January 15). Retrieved February 10, 2012, from http://www.academon.com/Essay-The-U-S-A-Economy-and-Balance-of-Payments/52405

MLA Citation:

"The U.S.A Economy and Balance of Payments" 15 January 2012. Web. 10 Feb. 2012. <http://www.academon.com/Essay-The-U-S-A-Economy-and-Balance-of-Payments/52405>




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gyspy US
Publisher Since:
Aug 11, 2004
I am completing my MBA in human resource online at AIU. I am maintaining a 4.0.
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