BOP of Iceland 2011-2013
Prepared by : Che Nor Azlina Bt Che Zawawi Nor Fasihah Bt Abdullah Nurul Syafiqah Bt Abdullah
Background of Iceland
Iceland is a Nordic island country between the North Atlantic and the Arctic Ocean. It has a population of 329,100 and an area of 103,000 km2 (40,000 sq mi), making it the most sparsely populated country in Europe. The capital and largest city is Reykjavík.
Balance of Payments
An accounting statement that summarizes a nation's international economics transactions. It represents the value of a country.