The international movement of goods and services recorded in the current account of the balance of payments must be financed in some way. Financing is shown within several groups of balance of payments items, which are sometimes simplified as the balance of capital flows. Capital and financial account balance is a group of balance of […]
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FEATURES OF THE DEVELOPMENT OF THE US ECONOMY
The success of the American economy was achieved largely due to a number of favorable factors that contributed to the rapid socio-economic development of the country. Let’s highlight the main ones. The United States got a huge, almost uninhabited continent with the richest natural resources, primarily a variety of minerals, conveniently located in relation to […]