What is the difference between disequilibrium in BOP and deficit in Bo – InterviewSolution

1.	What is the difference between disequilibrium in BOP and deficit in Bop?
Answer» When a COUNTRY's current ACCOUNT is at a deficit or surplus, its BALANCE of payments (BOP) is SAID to be in disequilibrium. ... Likewise, when exports are greater than imports, creating a current account surplus, there is a disequilibrium.

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