The record of a country's transactions in goods, services, and assets with the rest of the world is its balance of trade.

Name: The record of a country's transactions in goods, services, and assets with the rest of the world is its balance of trade.
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The record of a country's transactions in goods, services, and assets with the rest of the world is its balance of payments. The balance of trade specifically refers to the difference between a country's exports and imports of goods.

The Record of a Country's Transactions in Goods, Services, and Assets