{"id":233268,"date":"2023-03-21T23:01:44","date_gmt":"2023-03-21T17:31:44","guid":{"rendered":"https:\/\/blog.forumias.com\/?page_id=233268"},"modified":"2023-03-21T23:02:47","modified_gmt":"2023-03-21T17:32:47","slug":"bop","status":"publish","type":"page","link":"https:\/\/forumias.com\/blog\/bop\/","title":{"rendered":"Balance of payment"},"content":{"rendered":"<p>Balance of Payments is a statement containing the record of all the economic transactions (in goods, services, assets etc) between an economy with the rest of the world in a year.<\/p>\n<p>It consists of:<\/p>\n<p><strong>Current Account:<\/strong> The current account measures the short-term transactions like:<\/p>\n<ul>\n<li>Goods \u2013 trade in goods<\/li>\n<li>Services (invisible) \u2013 trade in services eg. tourism<\/li>\n<li>Income \u2013 investment income<\/li>\n<li>Transfers \u2013 donations, gifts, grants, remittances.<\/li>\n<\/ul>\n<p><strong>Capital Account: <\/strong>It deals with long term transactions i.e. those transactions which create assets or liabilities. It has the following four components:<\/p>\n<ul>\n<li>Foreign Direct Investment (FDI)<\/li>\n<li>Foreign Portfolio Investment (FPI)<\/li>\n<li>External Borrowings such as ECB<\/li>\n<li>Foreign loans<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Balance of Payments is a statement containing the record of all the economic transactions (in goods, services, assets etc) between an economy with the rest of the world in a year. It consists of: Current Account: The current account measures the short-term transactions like: Goods \u2013 trade in goods Services (invisible) \u2013 trade in services&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/bop\/\">Continue reading <span class=\"screen-reader-text\">Balance of payment<\/span><\/a><\/p>\n","protected":false},"author":10341,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-233268","page","type-page","status-publish","hentry","entry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/233268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10341"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=233268"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/pages\/233268\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=233268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}