Top Menu

Tag Archives | Foreign Trade

Correction in Balance of Payments | Foreign Trade | Economics

In this article we will discuss about the correction in balance of payments through variations in exchange rates. If a country suffers from payments deficits, the equilibrium adjustments can be possible through the suitable variations in exchange rates. Under the IMF Charter, a member country is permitted to make an adjustment in its exchange parity […]

Monetary Approach to Balance of Payments Adjustment | Economics

The monetary approach to the balance of payments is associated with the names of R. Mundell and H. Johnson. The other writers who have made contribution to it include R. Dornbusch, M. Mussa, D. Kemp and J. Frankel. The basic premise of the approach is the recognition that the BOP disequilibrium is fundamentally a monetary […]

Theory of Protection and Tariff | Foreign Trade | Economics

In this article we will discuss about the theory of protection which is a highly important issue in foreign trade. The foreign trade policy has been the subject of heated discussion since the time of Adam Smith who advocated for free trade and recommended that tariffs should be removed to avail of the advantages of […]

hit counter