Balance of Payments - BOP

A record of all transactions made by one particular country during a certain period of time. It compares the amount of economic activity between a country and all other countries.


This includes trade balance, foreign investments, and investments by foreigners among other things.



What Is The Balance Of Payments? - Countries track money coming in and going out through something called the balance of payments. Learn more here.

What Is The World Trade Organization? - The WTO sets the global rules of trade. But what exactly does it do and why do so many oppose it?
Related Terms

Balance of Trade

Current Account

Debt Overhang

Economy

Foreign Currency Effect

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