Page 143 - DECO503_INTERNATIONAL_TRADE_AND_FINANCE_ENGLISH

Unit 11 : Balance of Payments and Balance of Trade : Meaning and Components

Answers: Self-Assessment Notes
1. (i)(a) (ii)(c) (iii)(c) (iv)(b) (v)(c)
(vi)(b)
11.8 Further Readings

1. Adapted, with slight modifications, from the definition given in the International
Monetary Fund Balance of Payments Manual, 2nd edn., January 1950, p. 1.
2. Leland B. Yeager, International Monetary Relations (New York : Harper & Row,
1966), p. 36.
3. J.E. Meade, The Theory of International Economic Policy, Vol. I : The Balance of
Payments, (1951) p. 7. See also Yeager, op. cit., p. 452.
4. W.M. Scammel, International Trade and Payments (Toronto : The Macmillan
Company, 1974) p. 272.
5. J.E. Meade, op. cit., p. 11.

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