Categories IBO-06: International Business FinanceIGNOUIGNOU ASSIGNMENTSM.Com Year 1

MEANING OF BALANCE OF PAYMENT AND ITS COMPONENT AND IMPORTANCE

Question 1. What is balance of payments? Explain its major components. Why is it useful to compute a country’s balance of payments?




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Having on his soul, the passion to be the Virtuoso of the enumerated aspects of commerce, Dipesh Aggarwal is indulged in the constant process of absorbing the maximum from the infinite knowledge pool available. Mentoring the youth has proved to be his successful manoeuvre in contemplating, analysing and executing his understanding of varying and crucial aspects.

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