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Components of Balance of Payment

Balance of Payment (BOP): [PDF Inside] Types, Example, Benefits, Negatives, Formula for Measuring BOP, Features

March 16, 2023 by Sushanta Maiti
Balance of Payment

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.

Categories Economics Tags Balance of Payment surplus and deficit, BOP analysis, BOP and capital flows, BOP and economic indicators, BOP and exchange rates, BOP and international investment, BOP and international trade, BOP capital account, BOP current account, BOP formula explained, Components of Balance of Payment, Importance of Balance of Payment, Types of Balance of Payment, Understanding BOP data, What is Balance of Payment? Leave a comment
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