QUESTION IMAGE
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
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.
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E. A record of all international transactions