The account which records a nation's foreign economic transactions is called the:

Question

Quizplus · Accepted Answer

The balance of payments is an accounting record of all monetary transactions between a country and the rest of the world. It includes the trade balance (exports and imports of goods and services), investment income, and transfers such as foreign aid. The balance of payments is an important indicator of a country's economic health and its international financial position. Therefore, choice D, Balance of Payments, is the correct answer.

The Account Which Records a Nation's Foreign Economic Transactions Is