An accounting record of all economic transactions between residents of a country and foreign residents over a specific time period is a definition of the:

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The Balance of Payments (BOP) is an accounting record of all economic transactions between the residents of a country and the rest of the world in a given period. It includes the trade balance, foreign investments, and loans, providing a comprehensive overview of a country's financial transactions with other countries.

An Accounting Record of All Economic Transactions Between Residents of a Country