The required reserves are 50,000
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The definition of Balance of Payments states:
The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, military expenditures, and foreign investment.
<h3>What is
Balance of Payments ?</h3>
The balance of payments is a tool in international trade that demonstrates the financial transaction made by a particular country with foreign countries. Its most often includes export, import and transfer payments.
Theoretically, it should be zero as a country's assets should equal the liabilities. However, in practice, that is not always the case, as the country's debits and credits can create a discrepancy in the balance of payments, which creates a surplus or deficit.
A favorable balance of payment means that a country exports exceed imports. B.O.P records economic transactions of goods and services as well as other payments such as international aid, capital flow, and international remittances. A Favorable or positive balance of payment means that the aggregate of country foreign inflow exceeds outflows.
Thus, we can say that above definition state Balance of Payments.
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<span>The answer is self-managed team. It is a group of people, usually workers in a company, who combine different expertise and capacities to work without the typical managerial supervision toward a shared purpose or goal. They are also called self-directed team or self-managed natural work team.</span>
Answer:
The reason of showing all minute details in the presentation is that only top executive of the company are the deciding members for any project hence they must know about progress factor or loss factors about project
Explanation:
Giving presentation in front of higher official and marketing department is different. Presentation in front of company top executives is include all minute details. It include all key point which can be deciding factor for any project. Even these key point should be highlighted and variation of these points must be shown at different point of time. The reason of showing all minute details in the presentation is that only top executive of the company are the deciding members for any project hence they must know about progress factor or loss factors about project
Answer:
can you put a picture might be easier to read it