If Nigeria imports vehicles from Japan the transaction wi...
If Nigeria imports vehicles from Japan the transaction will appear as a
Debit on Japan's balance of payments
Credit on Japan's balance of payments
Credit on Nigeria's balance of trade
Credit on Nigeria's balance of payment
Correct answer is B
The balance of payments (BOP) is a statement of all transactions made between entities in one country and the rest of the world over a defined period of time, such as a quarter or a year.
Japan's current account in the balance of payment will have a credit balance to the tone of the car value in monetary terms while Nigeria's capital account will be debited
Using functional relationship in economics QX = f (px, po, y, T); po stand for ...
External economies occur when ...
Precautionary motive relates to ...
Population density is described as the ...
A rational consumer is one who ...
Production covers all the following except when ...
The difference between birth and death rates of a given population is referred to as the ...
The savings deposit in a commercial bank is called____________? ...
A high rent on land will affect the cost of producing maize ...