US IS UNFRIENDING IMPORTS - US IMPORT DATA FALLS FOR THE FIFTH TIME
THE ONLY BALANCE OF PAYMENTS GUIDE YOU'LL EVER NEED Balance of Payments (BoP) is the name given to the record that Is maintained by each country to judge its financial and economic health after every fiscal year or at any set interval. The major things that are included in this report are the transactions that are made by companies, governments, or individuals outside the country’s borders. The main benefit of maintaining this record is that one can keep a proper eye on the cash flow of the country and as per the situation takes necessary actions and develop policies. The major insight that every importer and exporter wants to know about any country before associating with it is the current level of money with that country. In simple terms, it is meant to check the surplus or deficits that a country is holding at a particular span of time. In the case of deficits, it is evident that country is having more imports as compared to exports and vice-versa. It also means that the a...