Economists summarize a country's transactions with other countries with a(n) _____ account.

Question

Quizplus · Accepted Answer

The balance of payments account tracks a country's transactions with other countries, including imports, exports, and financial transactions such as investments. The circular flow diagram represents the flow of goods and services within an economy, while exchange rate and purchasing power parity are concepts related to currency exchange and value.

Economists Summarize a Country's Transactions with Other Countries with A(n)