Question

what is BoP and explain the concept of current BoP?

Answer 1

BoP abbriviates for balance of payment l.It includes details of transaction between the resident of a country and the rest of the world at a particular time.
It is divided into two parts-
1 the current account
2 the capital account

Answer 2

BoP abbriviates for balance of payment l.It includes details of transaction between the resident of a country and the rest of the world at a particular time.
It is divided into two parts-
1 the current account
2 the capital account