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Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsOpen Economy Macroeconomics1 Mark
Question
Define Balance of Payments on current account.
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Answer

Balance of Payments on current account is a statement of actual receipts and payments. It includes the value of imports and exports of both visible and invisible items.

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