Balance of Payments assignment help

accounting

Description

Please discuss many different data vendor offer daily assessments of global currency market activity. Please use the following link or others to assess how the dollar is trading against other currencies.


https://www.bea.gov/international/


http://forexnews.gcitrading.com/


For example: 


Please discuss this pull data for the BOP in the U.S. from https://www.bea.gov/international/ to discuss the trend of items in the BOP account and how it is related to the floating rate regime of U.S. dollar? 


The balance of payments refers to the difference between payments for imports and receipts on exports. It measures the exports of a country against the imports. If the imports are more than the exports, then it is said to be a deficit while a surplus results when exports exceed imports. BOP has been declining since the 1990s, and the deficit has been experienced in the most recent years. The balance of payments affects the value of the dollar in a regime where the dollar is measured against other foreign currencies.


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