Identify a true statement about balance of payments.
A) It measures the value of one nation's currency relative to the currency of other nations.
B) It is a basic measure of the difference between a nation's exports and imports.
C) It typically corresponds to the balance of trade.
D) It includes domestic borrowing and excludes foreign borrowing.

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The Answer of Identify a true statement about balance of payments.
A) It measures the value of one nation's currency relative to the currency of other nations.
B) It is a basic measure of the difference between a nation's exports and imports.
C) It typically corresponds to the balance of trade.
D) It includes domestic borrowing and excludes foreign borrowing.

Identify a True Statement About Balance of Payments