Suppose a country has the following balance of payments data.
(a)Calculate the current account balance.
(b)Calculate the capital and financial account balance.
(c)Calculate the trade balance.
(d)Calculate net factor payments.
Definitions:
Indifferent
Having no particular interest or sympathy; unconcerned or apathetic.
Apathetic
Showing or feeling no interest, enthusiasm, or concern about a particular topic or activity.
Leader
A person who influences and guides others towards achieving collective goals, often by inspiring or directing their actions.
Blake and Mouton
Creators of the Managerial Grid Model which focuses on identifying a leader's concern for people versus their concern for production/tasks.
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