Question

significance of autonomous and accommodation transaction of payment​

Answer 1

Answer:

Accommodating items refer to the transactions that are undertaken to cover deficit or surplus in autonomous transactions, i.e. such transactions are determined by net consequences of autonomous transactions. These items are also known as 'below the line items'.

Answer 2

Answer:

Economists distinguish between autonomous and accommodating items used in BOP. The basic difference between the two is that whereas deficit or surplus in BOP occurs due to autonomous items, the accommodating items are taken to cover deficit (or surplus) in autonomous transactions.