Economy, asked by Anonymous, 1 year ago

Define accommodating transactions in Balance of Payments of an economy.​

Answers

Answered by anju370
1

Answer

Accommodating Transactions. Transfers of money, gold, or highly liquid assets that a central bank or other monetary authority makes to stabilize a country's balance of payments.  The accommodating transactions are not made for purposes of profit, but instead to help bring equilibrium to a country's currency.

Answered by jishnupillai161
1

Answer:

Autonomous transactions in Balance of payments of an economy are those transactions which are undertaken for some economic motive.

OR

Accommodating transactions in Balance of Payments of an economy are those transactions that are undertaken to cover any gap existing in the balance of payments.

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