Economy, asked by Alizask5225, 11 months ago

What is balance of payment.explain briefly

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Answered by RihanaNesrin

Balance of Payments. The Balance of Payments or BoP is a statement or record of all monetary and economic transactions made between a country and the rest of the world within a defined period (every quarter or year). ... A BoP surplus indicates that a country's exports are more than its imports.

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