Balance of Payment (BOP): [PDF Inside] Types, Example, Benefits, Negatives, Formula for Measuring BOP, Features
Balance of Payments (BOP) is a record of all the transactions that a country has with the rest of the world over a specific period, typically a year. The BOP includes all economic transactions between the country and the rest of the world, including trade in goods and services, investment flows, and transfers of money and assets.
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