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Can u explain me balance of …

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Can u explain me balance of payments

Posted by Akshat Jain 7 years, 1 month ago

CBSE > Class 12 > Economics

3 answers

Syed Khabib 7 years, 1 month ago

*an

Syed Khabib 7 years, 1 month ago

BOP is the systematic record of all economic transaction between the residents of the country and the rest of world in a accounting year. It is based on the double entry system means it has two sides one is debit and second is cedit.Inflow of foreign exchange recorded in the credit side whereas outflow of foreign exchange recorded in debit side of the BOP account.

Syed Khabib 7 years, 1 month ago

Yes i can

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