A payment of interest and dividend
B expenditure by the tourists
C Borrowing from rest of the world
Anurag Pathak Answered question August 26, 2021
Ans – C)
Borrowing from the rest of the world is a financial transaction that results in an increase of the financial liabilities of a country in foreign exchange to the rest of the world.
Such transactions are recorded in the Capital Account of BoP.
Anurag Pathak Edited answer August 26, 2021
No archives to show.
- No categories