Search results
We did not find results for: balance of payments economics definition.
Check spelling or type a new query.
We did not find results for: balance of payments economics definition.
Check spelling or type a new query.
In international economics, the balance of payments (also known as balance of international payments and abbreviated BOP or BoP) of a country is the difference between all money flowing into the country in a particular period of time (e.g., a quarter or a year) and the outflow of money to the rest of the world. In other words, it is economic transactions between countries during a period of time. Wikipedia