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The countries having economic transactions with other countries prepare periodically their final accounts with a view to taking stock of their foreign receipts and payment. The BOP of a country can be defined as a systematic statement of all economic transactions between a country with the rest of the world during a period of time, usually one year.
The countries having economic transactions with other countries prepare periodically their final accounts with a view to taking stock of their foreign receipts and payment. The BOP of a coun…