Since the balance of payments is the summary of a country's financial transactions with another country, a discussion of a nation's balance of payments will need to include a discussion of:
A)its imports and exports
B)its long-term overseas business investments
C)its government loans
D)its gifts and foreign aid
E)all of the above

Question

Quizplus · Accepted Answer

The balance of payments includes all financial transactions a country has with the rest of the world, which encompasses imports and exports (trade balance), long-term overseas investments, government loans, and gifts and foreign aid.

Since the Balance of Payments Is the Summary of a Country's