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Question
question 2 (1 point)
every international transaction automatically enters the balance of payments:
\tonce either as a credit or as a debit.
\tthree times, once as a credit, once as a debit, and once as an exchange.
\tonce as a credit.
\ttwice, both times as a debit.
\ttwice, once as a credit and once as a debit.
In international transactions (especially in double - entry bookkeeping related to payments), every transaction has two aspects. For example, when a payment is made, in the payer's account it is a debit (money going out), and in the payee's account it is a credit (money coming in). So every international transaction automatically enters the balance of payments twice, with one entry as a credit and one as a debit.
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the option "twice, once as a credit and once as a debit" (the fifth option in the list of choices)