All of the following are considered when calculating a country's balance of payments except:
A)foreign aid.
B)military expenditures.
C)domestic inflation rates.
D)tourism.

Question

Quizplus · Accepted Answer

Domestic inflation rates are not directly related to a country's balance of payments, which focuses on the transactions between a country and the rest of the world. Foreign aid, military expenditures, and tourism all involve financial transactions with other countries and are therefore factors in the balance of payments.

All of the Following Are Considered When Calculating a Country's