General Business management courseI

General Business management courseI - -Balance of Payments...

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13:47 Valerie Bodden Kluge 10—0014 General Business Management September 09, 2009 -You can have a deficit in trade balance; yet have a good balance payment. Factors affecting Global Trade: -Money exchange rate:  -Socioeconomic forces: -Religion -Language -Taste -Thinking globally,  acting globally
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Unformatted text preview: -Balance of Payments: In economics , the balance of payments , (or BOP ) measures the payments that flow between any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time period, usually a year.-Exchange Rate:...
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This note was uploaded on 08/09/2011 for the course BUS 101 taught by Professor Shindell during the Spring '09 term at Universidad Iberoamericana.

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