Balance of Payment is
A. Balance of trade + Net earnings on invisibles
B. Foreign exchange inflow – Foreign exchange outflow
C. Balance of current account + Balance of capital account + Statistical discrepancy
D. Export of goods – Import of goods
Answer:C
Balance of Payment is
A. Balance of trade + Net earnings on invisibles B. Foreign exchange inflow – Foreign exchange outflow C. Balance of current account + Balance of capital account + Statistical discrepancy D. Export of goods – Import of goods