CBSE Class 12-commerce Answered
Difference between BOT and current account of BOP in tabular form
Asked by sreenathsnair123 | 22 Dec, 2018, 07:22: AM
Expert Answer
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Balance f trade |
BOP Current Account |
|
Shows balance on account of export and import of visible items |
Shows balance on account of export and import of visible items and invisible items and unilateral transfers from one country to other country.
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BOT= Export of Visible Items – Import of Visible Items |
CA= Balance of Visible Trade + Balance of Invisible Trade and Balance of Unilateral Trade |
Answered by Tharageswari S | 24 Dec, 2018, 12:35: PM
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