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BOP vs BOT Balance of payments (BOP) records a country’s total inflows and outflows of funds and assets to and from foreign countries and offers an overview of all international monetary transactions. The balance of payments provides a summary of all transactions during the year and offers a clear snapshot of the country’s financial […]
Posted byOlivia
World Bank vs IMF World Bank and IMF are two very important specialized agencies of United Nations. To understand the roles, functioning and responsibilities of these autonomous bodies, World Bank and IMF, a brief look into history is necessary. In 1944, with World War II raging, delegates from 44 allied nations gathered in Bretton Woods, […]