Question

Balance of payment is an application of?​

Answer 1

Answer:

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Explanation:

The balance of payments accounts keep systematic records of all the economic transactions (visible and non-visible) of a country with all other countries in the given time period. ... Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items.

Answer 2

Answer:

The balance of payments accounts keep systematic records of all the economic transactions (visible and non-visible) of a country with all other countries in the given time period. ... Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items.

Explanation:

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