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2. What do you mean by Balance of Payments? Explain
the relationship between the balance of payments and the
exchange rates of a country, giving suitable illustrations
in support of your answer.
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Answer Posted / jia
alance of payment means the balance of money regarding the
import export business of a country .if export>import than
the balance is positive otherwise negitive.
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What do you mean by balance of payments? Explain the relationship between the balance of payments and the exchange rates of a country, giving suitable illustrations in support of your answer?
