Economics help (1 Viewer)

[J2good4u]

Hi, i am unsure what to write about if this was an essay question i looked at syllabus but dont get it

Examine the links between the key BoP categories and the trends associated with the BoP in the Australian economy

 

[Bored_of_HSC]

Hi, i am unsure what to write about if this was an essay question i looked at syllabus but dont get it

Examine the links between the key BoP categories and the trends associated with the BoP in the Australian economy

Just write about the composition of the BoP (eg c&f and current account) and the trends within them.
Eg If it was about net g&s balance, talk about fluctuations in ToT, commodities prices and how those have affected the net g&s balance.
And do this for all the other components

Edit: didn't see the first part. For the first part just talk about the links between the CA and C&F (ie higher deficit on CA leads to higher surplus on CF)

 

[J2good4u]

thank you