thank you so much you explained it so perfectly in just 7 mins ive been spiralling over this for days bc the textbook is just so convoluted with a bunch of unnecessary jargon
Hey thank you so much for this but I just have a question. If we give china trademark rights, how is hat recorded in the BOP ?????? and is there a return on the trademark if we give them the rights to use it ?
It’s a credit in the capital account. Technically also a debit on the financial account. Look at question 7 of the 2020 hsc paper. B and c are the correct answers.
@@blaugranalover770 hey thanks can u explain why it will be a debit on the financial. And also, say we bought a trademark, how will that be recorded on the BOP?. I have a test coming up it would be great if u could reply asap
You made a mistake at 6:24 you stated it was a debit in Current account but that was not an option. Can you please explain to me why the HSC asks that questions.
thank you so much you explained it so perfectly in just 7 mins ive been spiralling over this for days bc the textbook is just so convoluted with a bunch of unnecessary jargon
Thank you so much, this is truly the best BOP explainer out there
Thank you! This is the only thing saving my grades
Truly Beautiful content
Great video! It really helped to understand BOP. Thanks so much :)
you absolute legend 🙌
Beautiful
could you explain the portfolio investment etc and what really makes up a non reversible transaction
nice wall
Hey thank you so much for this but I just have a question.
If we give china trademark rights, how is hat recorded in the BOP ??????
and is there a return on the trademark if we give them the rights to use it ?
It’s a credit in the capital account. Technically also a debit on the financial account. Look at question 7 of the 2020 hsc paper. B and c are the correct answers.
@@blaugranalover770 hey thanks can u explain why it will be a debit on the financial. And also, say we bought a trademark, how will that be recorded on the BOP?. I have a test coming up it would be great if u could reply asap
You made a mistake at 6:24 you stated it was a debit in Current account but that was not an option. Can you please explain to me why the HSC asks that questions.
@@HSCEconomicsMadeEasy Think he may have meant that you gave the answer to the question not the answer of the question a,b,c,d
Sorry! I meant to say CAPITAL account!
you forgot unconditional foreign aid (NSY) and conditional foreign aid (cap account), assuming this isnt covered in future videos
It's explained after 5:33 :)
I despise this damn subject
Hope my resources make it better for you!
@@HSCEconomicsMadeEasy God bless im studying from this video AGAIN one day before the HSC