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Oliver Williams

Oliver Williams

Fichier Détails

Cartes-fiches 88
Langue Deutsch
Catégorie Culture générale
Niveau École primaire
Crée / Actualisé 05.05.2013 / 06.05.2013
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Domestic institutions as a cause of inequality

1. often instable, corrupt, poor administration in dev 2. dev often have poor eco policy decisions sacrificing dev for growth

Direction of Australia's X

Asian countries are becoming more important e.g. china purchases 30% of australia X Asean 10% Japan 19%

Balance of Payment

record of all transactions between australia and the rest of the world. Composed of the Current Account and the Capital and Financial Account. BoP = CAD + KAFA +Net errors and omissions = 0

Capital Account

money flows from the balance of goods and service, Net primary income and net secondary income

Balance of goods and services

sum of net goods and net services (X-M)

Net primary income

net earnings from invertments (interest and dividends)

Net secondary income

any real or financial resources without a specific good or service provided in return

capital and financial account

money flows from lending, borrowing, purchase and sale of assets. Includes the capital account and financial account