Economics Lecture 12 - 9^th January 2008

Balance of Payments

The Balance of Payments is a record of economic transactions of a country with the rest of the world.

Consists of 3 sections/accounts:

• Current account

• Capital account

• Official financing.

Current account

Malta – find in NSO under press releases.

Exports of merchandise – goods. In Malta: electronic components, textile/clothing, plastics.

Imports of merchandise – electronic components, food, oil.

Malta has a large deficit where deficit is increasing.

Trade in services exports – tourism, transport services, financial services.

Welcome to Kaizenlog.com If you're new here, you may want to subscribe to my RSS feed , Twitter You can contact us by using the contact form or submitting a comment. You can also share this post with your friends by clicking on the 'ShareThis' button above. Thanks for visiting!