Balance of Payment is defined as U.P.P.C.S. (Pre) 1994

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Balance of Payment is defined as

U.P.P.C.S. (Pre) 1994

[External Sector - Trade, FDI, Debt]

The value of exports minus the value of imports.

The difference between the liabilities and assets of a firm.

The difference between current expenditure and current revenue in the government budget.

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

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