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BoP

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1What is BoP?The Balance of Payments of a country is a systematic record of all economic transactions between the residents of one country and the residents of foreign countries during a given period of time
2What is the BoP table ?The BoP Table shows the flow of total receipts from abroad and total payments made (to) abroad over a period of time. Credit side shows the ways in which foreign exchange is acquired (inflows) and Debit side shows the ways in which foreign currency is spent (outflows).
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