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QUESTION IMAGE

which of the following best describes the balance of payments accounts?…

Question

which of the following best describes the balance of payments accounts? choose 1 answer: a record of a banks assets and liabilities a record of foreign remittances to a country a record of all of a countrys exports and imports a record of the financial capital inflows and outflows in a country a record of all international transactions

Explanation:

Brief Explanations

The balance of payments accounts record all economic transactions between residents of a country and the rest of the world over a period of time. This includes not just exports and imports, foreign remittances, or financial capital flows alone, but all international transactions.

Answer:

E. A record of all international transactions