by kasi | Oct 20, 2010 | Economics
Balance of trade and balance of payment are two commonly used terms in international economics. These terms are different but related to each other as Balance of trade is a component of Balance of Payment. BOT include as current item in balance of payment and... by kasi | Oct 17, 2009 | Economics
The economic policy is developed in every country to achieve some economic goals. Following are the main economic goals which are widely known in the world. Economic Growth – Increase in the production of product and services to boost the economy and improve the...