Balance Of Payments (BoP) Explained in Malayalam | How International Money Flows? alexplain

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Balance Of Payment (BoP) Explained in Malayalam | How International Money Flows? alexplain

Balance of payment is an area of economics which deals with the inflow and outflow of money from a country with the rest of the world as part of international trade and commerce activities. This video explains the concept of the Balance of payment (BoP). The current account and capital account and its components such as visible and invisible trade, transfer of payments, financial account etc are explained in this video. The video also explains terms like the balance of trade (trade surplus and trade deficit), current account deficit and current account surplus, capital account net positive and negative, balance of payment surplus and deficit etc. India's balance of payment details for the first quarter of the financial year 2023-24 are also discussed in this video.

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