The balance of payments of a country is a systematic record of
all import and export transactions of a country during a given period of time, normally a year
Correct Answergoods exported from a country during a year
Incorrect Answereconomic transaction between the government of one country to another.
Incorrect Answercapital movements from one country to another
Incorrect AnswerExplanation:
The balance of payments (BoP) record the transactions in goods, services and assets between residents of a country with the rest of the world for a specified time period typically a year. These transactions consist of imports and exports of goods, services and capital, as well as transfer payments, such as foreign aid and remittances.
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