The system of accounts that measures transactions of goods, services, income, and financial assets between domestic households, businesses, and governments and residents of the rest of the world during a specific time period is called the:

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The system of accounts that measures transactions of goods, services, income, and financial assets between domestic households, businesses, and governments and residents of the rest of the world during a specific time period is called the balance of payments. The current account, financial account, and exchange rate are all components or measures within the balance of payments system.

The System of Accounts That Measures Transactions of Goods, Services