Balance of Payment (BOP) - Concept & Definition ↓
Most of exports and imports involve finance i.e. receipts and payments in money. An account of all receipts and payments is termed as Balance of Payments (BOP).
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According to Kindle berger, "The balance of payments of a country is a systematic record of all economic transactions between the residents of the reporting country
Tuesday, 30 November 2010
Concept Definition and Structure of Balance of Payment (BOP)
Posted on 20:10 by Unknown
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