Business

Best Big Cities for Starting a Business

Low initial costs and modernized procedures make countries in Asia attractive to entrepreneurs. A couple of new business registrations occurred in East Asian and Pacific nations as recorded by the World Bank. The Organization for Economic Cooperation and Development reports that new enterprise creations have been positively developed internationally. Profit in huge manufacturing conglomerate has plummeted […]

Business Money & Finance

Balance Of Trade And Balance Of Payments. What’s The Difference Between Them?

Nowadays, international trade is becoming a common practice. Thanks to globalization, we see that countries can engage in transactional activities with each other. In this case, there is a need to record such activities in a country’s financial report. Consequently, there are two distinctive statements in the accounting system. These statements are called Balance of […]