The __________________ of a nation summarizes all the transactions that have taken place between its residents and the residents of other countries over a specified time period (usually a month, quarter or a year).
A)target exchange rate
B)portfolio acquisition
C)balance of payments
D)debt accumulation
E)exchange inflation

Question

Quizplus · Accepted Answer

The balance of payments summarizes all the transactions between a country's residents and the rest of the world over a specific time period, including trade, investment, and financial transfers.

The __________________ of a Nation Summarizes All the Transactions That