1. Balance of payments (BOP)
The balance of payments (BOP) is the method countries use to monitor all international monetary transactions at a specific period of time. Usually, the BOP is calculated every quarter and every calendar year. All trades conducted by both the private and public sectors are accounted for in the BOP in order to determine how much money is going in and out of a country. If a country has received money, this is known as a credit or inflow, and, if a country has paid or given money, the transaction is counted as a debit or outflow. Theoretically, the BOP should be zero, meaning that credits (inflows) and debits (outflows) should balance. But in practice this is hardly ever the case and, thus, the BOP can tell the observer if a country has a deficit or a surplus and from which part of the economy the discrepancies are stemming.
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2. Compare the following definitions and find out mistakes
The balance of payments (BOP) is the method countries use to monitor all international monetary transactions at a specific period of time
The balance of payments (BOP) is the method companies use to monitor all international economic transactions at a specific period of time
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3. BOP Structure Tourism Goods Business/company Match words with pictures
Worker’s remittances
Bonds
Business service fees
Tourism
Goods
Business/company
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4. Balance on current account
Goods (exports, imports)
Trade balance
Services (tourism, transportation, engineering, etc.)
Dividends
Unilateral transfers (worker’s remittances, foreign aid)
Balance on current account
Land
Equipment
Capital and financial account
Balance on capital account
Business, company
Bonds
Balance of financial account
Combined capital
and financial accounts
Overall balance of payments
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5. Current account (TB and services)
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6. Capital and financial account
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7. Esempi concreti
Citare un esempio o raccontare un fatto realmente accaduto
Se opportuno, manifestare la propria comprensione per le esigenze degli spettatori
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8. Conclusione
Aggiungere una frase ad effetto che riassuma la propria posizione rispetto agli argomenti trattati
Riassumere i concetti fondamentali
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9. Fasi successive Riassumere i compiti assegnati agli spettatori
Illustrare brevemente le azioni che si intende intraprendere di persona
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