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🌍 Balance of Payments (BOP) – IMF Definition Simplified!

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🌍 Balance of Payments (BOP) – IMF Definition Simplified!

🌍 Balance of Payments (BOP) – IMF Definition Simplified! The International Monetary Fund (IMF) defines the Balance of Payments (BOP) as a systematic record of all economic transactions between a country’s residents and the rest of the world during a specific period. 💡 In simple words, BOP shows how money flows in and out of a country ...

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