Accommodating items of trade are undertaken in order to maintain the balance in the BOP account.

True

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False

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Solution

The correct option is A True
Accommodating transactions are compensating capital transactions which are undertaken to correct disequilibrium in autonomous items of BOP.

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Similar questions

State the following true or false:

(a) Accommodating items are undertaken in order to balance the BOP account.

(b) Foreign exchange received on account of textile will be recorded in the capital account of the BOP.

(a) The balance of visible trade is 4000 crores and the balance of invisible trade is 25,000 crores. If the value of imports of services is 7000 crores, what will be the value of export of services?

(b) State the following true or false:

(i) Accommodating items are undertaken in order to balance the BOP account.

(ii) Foreign exchange received on account of textile will be recorded on the capital account of BOP.

(iii) Autonomous items are also known as " Below the line items''.

Accommodating items are those items of BoP which:

Q. Name the items included in balance of trade account.

Name two items each relating to Current Account BoP and Capital Account BoP.

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Accommodating items of trade are undertaken in order to maintain the balance in the BOP account.

The correct option is A TrueAccommodating transactions are compensating capital transactions which are undertaken to correct disequilibrium in autonomous items of BOP.

The correct option is A True
Accommodating transactions are compensating capital transactions which are undertaken to correct disequilibrium in autonomous items of BOP.