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The balance of payments (BOP)

The balance of payments (BOP) is a financial record of a country’s transactions with the rest of the world for a given time period, usually over one year.

Where this appears

The syllabus topics that use this term.

4.3Arguments for Trade Protection
4.6Balance of Payments Basics
4.6Components of the Balance of Payments
4.6Marshall-Lerner Condition and J-Curve Effect (HL only)