Tag: Balance of Payments Analysis -the case of non-Euro area member – United Kingdom praca magisterska

Chapter I Theoretical foundations of BOP 1. Historical approach to BOP………..4 Mercantilism………..4 2. Key definitions of BOP……….. 5 2.1. The Balance of Payments (BOP) definition……….. 5 2.2. Resident and nonresident……….. 6 2.3. Territory………..7 2.4. Unit of an account……….. 7 3. Fundamental principles in BOP preparation………..8 3.1. Double-entry system………..8 3.2. Credits and Debits……….. 9 3.3. Accrual basis of BOP accounting……….. 9 3.4. Timing of transactions ………..10 3.5. Valuation of transactions ………..10 4. Standard Presentation of the BOP ………..11 4.1. The structure of standard presentation of the BOP……….. 11 4.2. Current Account ………..12 4.3. Capital Account ………..13 4.5. Financial Account……….. 13 4.6.…