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Explain the difference between BOP and …

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Explain the difference between BOP and BOT

Posted by Varsha Awasthi 3 years, 11 months ago

CBSE > Class 12 > Economics

1 answers

Utkarsh Soni 3 years, 11 months ago

BOT is a statement which records a country's imports and exports of goods with other countries in a period. Whereas BOP records all the economic transactions performed by that country within a period. A major difference between BOP and BOT is regarding the records they keep.

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