21:38 May 14, 2014 |
Portuguese to English translations [PRO] Social Sciences - Business/Commerce (general) / Social Justice Article | |||||||
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| Selected response from: Gilmar Fernandes United States Local time: 00:51 | ||||||
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significant contribution to the [Brazilian] external balance Explanation: http://en.wikipedia.org/wiki/Internal_balance External balance signifies a condition in which the country's current account, its exports minus imports, is neither too far in surplus nor in deficit. It is signified by a level of the current account which is consistent with the maintenance of existing (or growing) levels of consumption, employment and national output over the long term. It is notated by XX = CA (EP*/P, Y-T, Yf* - T*) External balance = the right amount of surplus or deficit in the current account. |
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