![Difference Between Balance of Payment and Balance of Trade | Definition, Formula, Similarities and Differences Difference Between Balance of Payment and Balance of Trade | Definition, Formula, Similarities and Differences](http://pediaa.com/wp-content/uploads/2016/08/Difference-Between-Balance-of-Payment-and-Balance-of-Trade-infographic.png)
Difference Between Balance of Payment and Balance of Trade | Definition, Formula, Similarities and Differences
![B ALANCE OF PAYMENT MEANING :- It is a systematic record of all economic transaction between the residents of a country and the rest of the world in a. - ppt download B ALANCE OF PAYMENT MEANING :- It is a systematic record of all economic transaction between the residents of a country and the rest of the world in a. - ppt download](https://images.slideplayer.com/28/9305009/slides/slide_3.jpg)
B ALANCE OF PAYMENT MEANING :- It is a systematic record of all economic transaction between the residents of a country and the rest of the world in a. - ppt download
![Difference Between Balance of Payment and Balance of Trade | Definition, Formula, Similarities and Differences Difference Between Balance of Payment and Balance of Trade | Definition, Formula, Similarities and Differences](http://pediaa.com/wp-content/uploads/2016/08/Difference-Between-Balance-of-Payment-and-Balance-of-Trade-2.png)