The flow of money into or out of a country is referred to as the ________.
A) trade deficit
B) balance of payments
C) monetary policy
D) comparative advantage

Question

Quizplus · Accepted Answer

The flow of money into or out of a country is measured by the balance of payments, which includes both the trade balance (exports minus imports) and the financial flows between countries. Monetary policy refers to the actions of a country's central bank to regulate the money supply and interest rates. Comparative advantage is a concept in economics that describes a country's ability to produce goods or services at a lower opportunity cost than another country.

The Flow of Money into or Out of a Country