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    Balance of Payments (BOP)

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    Please help with the following problem.

    Can you give me the type or types of adjustment made in the balance of payment(BOP) for one particular country recently? Discuss why it was done in brief. Also include a website link in the solution.

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    Solution Preview

    Problem: Can you give me the type or types of adjustment made in the balance of payment(BOP) for one particular country recently, and why it was done in brief? Also include a website link.

    Solution:

    First, few definitions on BOP.
    Balance of Payments (BOP)
    An overall statement of a country's economic transactions with the rest of the world over some period of time, consisting of the current account, capital account and changes in official foreign exchange reserves. This BOP can also refer to the difference in total receipts and expenditure for any category.

    Balance of payments
    -------------------
    1. A list, or accounting, of all of a ...

    Solution Summary

    The following posting helps with a question about macroeconomics. This solution explores the Balance of Payments (BOP).

    $2.49

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