The record of transactions between the United States and its trading partners in the rest of the world over a particular period of time is called the
A)balance of goods and services.
B)balance of capital account.
C)balance of current account.
D)balance of payments.

Question

Quizplus · Accepted Answer

The balance of payments is a comprehensive record of all international transactions between a country's residents and its trading partners over a specified period, including both the current account (trade in goods and services) and the capital account (investment flows).

The Record of Transactions Between the United States and Its