We call the yearly summary of all the economic transactions between residents of one country and the rest of the world a

Question

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The balance of payments is a record of all economic transactions between a country and the rest of the world in a given year. It includes both imports and exports of goods and services, as well as financial transactions such as investment and borrowing. The trade deficit and trade surplus are components of the balance of payments, but do not represent the entire picture. The capital account is another component of the balance of payments that tracks capital flows into and out of a country.

We Call the Yearly Summary of All the Economic Transactions