Economy, asked by bijaytarai03, 8 months ago

where is 'borrowing from aboard recorded in balance of payment account? Give reason ​

Answers

Answered by harshgrewall
0

Explanation:

'Borrowings from abroad' is recorded in the 'capital account' of BOP account because it increases international liability of the country. It is recorded on the credit side because it brings in foreign exchange into the country.

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