Balance of Payment | Part 1 | Current account in Balance of Payment | Class 12 Macro economics

In this Video Sunil sir has covered the Chapter Balance of Payment of Class 12th Macro economics.
You will study about the Concept of Balance of Trade & Balance of Payment & Also Inclusions of Balance of Payment with its Components.

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Timecodes
00:00 - Introduction
00:12 - What is Balance of Trade.
03:56 - Types of Balance of Trade.
05:16 - Meaning of Balance of Payments.
07:04 - What all included in Balance of Payment.
09:57 - Two accounts of Balance of Payment.
10:30 - Current Account in Balance of Payment.
11:28 - Components of Current Account in a BOP.
13:57 - Import & Export of Services.
17:12 - Unilateral Transfers.
18:43 - Net Value of Components Current Account.

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Balance of Payment | Part 1 | Current account in Balance of Payment | Class 12 Macro economics