What is the Balance of Payments (BOP)

What is the Balance of Payments (BOP)

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Details: What is the Balance of Payments (BOP), and what does it mean to have a surplus or deficit?  How does BOP act under deficit/surplus, fixed exchange rates or floating rates?  Explain and define! The balance of payment or research in your library. ANSWER ALL questions! Submit 2 full pages of text with 2-3 references in APA. This does not include cover page and references, which is additional.

 

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What is the Balance of Payments (BOP)

APA

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