Balance of Payments
Balance of payments. Image credit therecordingrevolution.com ZIMSEC O Level Commerce Notes: Balance of Payments (B.O.P)
Balance of payments (B.O.P)
- This is the difference between Zimbabwe’s total earnings (receipts) and total expenditure.
- Exported goods and services less imported goods and services.
- It is calculated for a given year.
- When the […]