1. The balance of payments is a statistical report in which the summary data on the foreign economic operations of a given country with other countries of the world for a certain period of time are presented in a systematic form. The construction of the balance of payments is based on a double entry system, […]
Tag: Group
Services
The next important group of current account items are services, which can be considered either separately or as part of a broader category of goods and services. Services – a group of items of the current account of the balance of payments, including transport services, travel and a number of other services (communications, construction, insurance, […]
Current Account
For practical and analytical purposes, the most important part of the balance of payments is the current account balance. The current account balance is a key concept of the international economy, showing, on the one hand, the result of the country’s interaction with the rest of the world over a certain period of time, and […]
Additive model
First, seasonal deviations from the intended trend are found for each point of the time series, for this: – there are moving averages with an averaging period equal to L; – if the period of seasonal fluctuations is an even number, then the resulting moving averages are interinterfall and in order to obtain centered moving […]