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What is balance of payment?
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Asked 1/13/2012 2:51:16 AM
Updated 2/19/2015 4:39:19 PM
1 Answer/Comment
Flagged by alfred123 [2/19/2015 4:28:41 PM], Edited by jeifunk [2/19/2015 4:39:19 PM]
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User: What is balance of payment?

Question
Asked 1/13/2012 2:51:16 AM
Updated 2/19/2015 4:39:19 PM
1 Answer/Comment
Flagged by alfred123 [2/19/2015 4:28:41 PM], Edited by jeifunk [2/19/2015 4:39:19 PM]
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Balance of Payments (BOP): A statement that summarizes an economy’s transactions with the rest of the world for a specified time period.
Added 2/19/2015 4:28:42 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [2/19/2015 4:39:16 PM]
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Fad is a a desirable trend characterized with lots of enthusiasm and energy over a short period of time.

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