Description
As described in your text, the balance of payments is comprised of a
current account and a capital account. For this activity, choose two
countries and, in 300 - 400 words (about one page) describe either the
current account balance or capital account between the countries. Save
your document with a descriptive file name (Example:
yourname_activity.docx) and submit your document as an attachment. Be
sure to use current APA style when referencing content from either the
textbook or outside sources.
The following video provides further information concerning the Balance of Payments:
Investopedia Video: The Balance Of Payments (Links to an external site.)
Explanation & Answer
Attached.
Running Head: BALANCE OF PAYMENT TRANSACTIONS
Balance of Payment Transactions between Canada and USA
Name
Instructor
Institutional Affiliation
Date
1
BALANCE OF PAYMENT TRANSACTIONS
2
Current Account Balance of Payment between US and Canada
Balance of payment basically is the method that nations use to monitor their international
transactions within a given period of time. In most cases, the BOP is calculated annually by
countries in order to determine the monetary flow in regards to all transactions conducted
between countries at a specific period of time. This helps the countries to determine what amount
of money is coming in through international investments as well as wha...