Balance of Payment | Lecture 2 | Easy and simple explanation | Class 12th | CBSE | 2024-25

🌐 Balance of Payments Demystified: Autonomous vs. Accommodating Transactions 💼 In this video, we break down some of the most important concepts in international economics: the transactions that make up the Balance of Payments (BOP). If you're looking to understand the dynamics of global trade and finance, this is the perfect video for you! Here's what we’ll cover: 1️⃣ Autonomous Transactions of BOP: Learn about these self-driven transactions that occur for economic or profit motives, including exports, imports, and foreign investments. 2️⃣ Accommodating Transactions of BOP: Understand how these transactions are designed to balance the BOP when there’s a deficit or surplus, like borrowing from international reserves or seeking foreign aid. 3️⃣ Differences Between Autonomous and Accommodating Transactions: Get a clear comparison of their purpose, nature, and role in the Balance of Payments framework. 📚 This video is packed with simple explanations, real-world examples, and visuals to help you grasp these complex topics easily. 💡 Perfect for students, professionals, and anyone curious about international economics! 📢 Don't forget to like, share, and subscribe for more educational content. 🔔 Click the bell icon to stay updated with our latest uploads.