Question

Balance in BOP is a_________
concept.

(a) Deficit
(b) Surplus
(c) Equilibrium
(d)Accounting​

Answer 1

Answer:

Balance Of Payment (BOP) is a statement which records all the monetary transactions made between residents of a country and the rest of the world during any given period. ... On the other hand, BOP deficit indicates that a country's imports are more than its exports.

Answer 2

Explanation:

Accounting is the answer for Balance in BOP