Question

what do you understand by BOP ?​

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, BOPdeficit indicates that a country's imports are more than its exports.

Answer 2

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.

Explanation:

thanks,