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It is known as Balance of payments - an economic term. (BOP) calculates the payments that flow among any individual country and all other countries. It is used to summarize all international economic transactions for that country during a specific time, generally a year. The BOP is determined by the country's exports and imports of products, services, and financial capital, as well as financial transfers. It shows all payments and liabilities to foreigners (debits) and all payments and obligations received from foreigners (credits).
STEPS TO BE FOLLOWED IN THE PROCESS OF EVALUATING PURCHASING AND SUPPLY SYSTEM
The demand and supply can never be assessed exactly. There is discrepancy between actual and estimated demand and supply quantities with fair degree of uncertainty. A b
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relation to material management of the concept and its contribution explen economic order quantity
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CALCULTE THE FOLOWINGN: 1) GDP in Income Approach and Expenditure Approach 2) GNP 3) Net GNP 4) National Income 5) Personal Income 6) Disposable Income
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