![Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium](https://d1avenlh0i1xmr.cloudfront.net/a9f1814e-4000-4020-8157-54f03f2856bf/different-types-of-balance-of-payment---teachoo.jpg "Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium")
Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium
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Course: Economics, Topic: Unit4:Balance of Payment (BOP)
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![Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium](https://d1avenlh0i1xmr.cloudfront.net/104fb3be-bc2a-4070-9c90-37d0dc41524b/difference-between-balance-of-payment-surplus,-deficit-&-equilibrium---teachoo.jpg "Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium")
Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium
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Balance-of-payments accounting indicates that any surplus (deficit) in the current account must be offset by a deficit (surplus) in the financial account. Explain why this is so, using demand and supply curves
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![Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium](https://d1avenlh0i1xmr.cloudfront.net/ba11306c-653b-4f14-b728-47da2577d6a3/what-is-balance-of-payment-equilibrium---teachoo.jpg "Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium")
Class 12 Eco] Difference between BOP Surplus, Deficit and Equilibrium
Balance of Payments Open Market Economies. NX < 0 NX > 0 Trade Deficit Trade Surplus Red = Trade Deficit (more imports than exports) Blue = Trade Surplus. - ppt download
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Another Name for “Trade Deficit” Is “Capital Account Surplus,” Balance of Payments Always = 0 | American Enterprise Institute - AEI
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