BUS450 – Balance of Payments (BOP)
BOP is the statistical record of a country’s international transactions over a period of time. Understanding BOP is important because it signals a country’s potential as a business partner for the rest of the world and helps evaluate the performance of a country in international economic competition. For this discussion forum, you will further explore the concept of BOP.
Prior to beginning work on this discussion forum,
Select a country that begins with the first letter of your last name (COUNTRY CHOSEN: CAMBODIA) from the International Monetary Fund (IMF) eLibrary Data’s webpage Balance of Payments and International Investments Position Statistics (BOP/IIP): By Economy: BOP Analytic Pres.Links to an external site.
Review this handout Navigating the IMF eLibrary Data WebpageLinks to an external site. to assist you in navigating this webpage.
- Watch Investopedia Video: The Balance of Payments.
In your initial discussion forum post,
Report your selected country’s BOP. Be sure to report the current account, capital account, and financial account for the most recent quarter or year.
Explain why the country might have a deficit or surplus.
Explain the main implications for a country having a persistent deficit on the current account of its BOP.
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