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SS3 Economics

Balance of Payments (B.O.P): ii

Overview

Factors that give rise to payment of money into and out of the home country’s account. Balance of payment concepts such as trade balance, current account balance and overall balance. The different ways of dealing with the balance of payments disequilibrium. Trace the developments in Nigeria’s balance of payment.

What you'll learn
  • Calculate the Balance of payments.Know the aggregative force that make up the constituent trade
  • Know the aggregative force that make up the constituent trade