Which of the following is the summary record of all of a country's international economic transactions within a specified period of time?
A)Exchange rate
B)Demand for dollars
C)Balance of payments
D)Current account balance

Question

Quizplus · Accepted Answer

The balance of payments is the summary record of all of a country's international economic transactions within a specified period of time.
Key Takeaway: Balance of payments (or BOP) is basically the summary of all financial and other economic transactions that a country participates in internationally within a specified period of time. The BOP is divided into two accounts; the capital account balance (sometimes called net capital inflows) and the current account balance.

Which of the Following Is the Summary Record of All