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What do you mean by structural disequilibrium in bop?

Anonymous

∙ 12y ago

Updated: 8/19/2022

structural disequilibrium denotes change in the economic structure of any state where the balance of payment was previously favourable.

Wiki User

∙ 12y ago

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Q: What do you mean by structural disequilibrium in bop?

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What are the types of disequilibrium in bop?

There are 3 types of disequilibrium's in balance of payments:- 1) cyclical disequilibrium 2) secular disequilibrium 3) structural disequilibrium structural disequilibrium at:-a) goods level b) at factors level

How do you correct disequilibrium?

How do you correct disequilibrium?

When do disequilibrium occurs?

dts

What are the causes for disequilibrium in bop?

Natural Factors: natural calamities such as floods, drought, earthquake etcEconomic Factors: Cyclical fluctuationsInflationCapital movementsMiscellaneous Factors: The changes in tastes, habits, fashions of the people; discovery of new substitutes for exports; the development of alternative sources of supply.Political Factors: example political instability.

What is the difference between equilibrium and disequilibrium price?

Equilibrium is when supply and demand is balanced or equivalent, whereas disequilibrium doesn't attain equilibrium which is either above or below equilibrium.

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