The balance of payments is the domestic price of a foreign currency.

Name: The balance of payments is the domestic price of a foreign currency.
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The balance of payments is a record of all monetary transactions between a country and the rest of the world, including trade, investments, and transfers. It includes both the inflows and outflows of foreign currency, as well as the domestic currency. The exchange rate is the domestic price of a foreign currency.

The Balance of Payments Is the Domestic Price of a Foreign