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1)What is balance of payments? 2)what is the importance of BOP? 3)what is the purpose of BOP? 4)what is its components with example and graph.

1)What is balance of payments?

2)what is the importance of BOP?

3)what is the purpose of BOP?

4)what is its components with example and graph.

5) how do we calculate BOP with worked example.

6)compare BOP of a rich and a poor country.

7)what are the effects of BOP? (Surplus, deficit with examples)

8) devaluation and its effects on BOP

9)why countries go for devaluation +examples.

10)policy measures when deficit in BOP

11) effects on BOP due to covid-19.

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