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5 points each 1-WhatisthemeaningofBOP?Explainitsvariouscomponents& essentialsofBOP. 2-AcurrentaccountdeficitinBalanceofpaymentisnotnecessarilyabadthing.Discussthisstatement by givingasuitable example

5 points each

1-WhatisthemeaningofBOP?Explainitsvariouscomponents& essentialsofBOP.

2-"AcurrentaccountdeficitinBalanceofpaymentisnotnecessarilyabadthing."Discussthisstatement by givingasuitable example

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