Are the following entered on the credit side or the debit side in BOP account ? Give reason Exports (ii) Lending to the rest of the world
Are the following entered on the credit side or the debit side in BOP account ? Give reason
Exports
(ii) Lending to the rest of the world
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(i) Exports will be at credit side since it leads to an inflow of foreign exchange.
(ii) Lending is at debit side since it leads to outflow of foreign exchange.
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