What does the term “Balance of Payments” (BOP) refer to? - Study24x7
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Dev kumar
01 May 2025 12:12 PM study24x7 study24x7

What does the term “Balance of Payments” (BOP) refer to?

A

The difference between exports and imports

B

A record of all economic transactions between residents of a country and the rest of the world

C

The total amount of foreign reserves held by a country

D

The value of foreign investments in a country

UPSC
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