The major transactions captured in a nation's balance of payments accounts include all the following except:

Question

Quizplus · Accepted Answer

The balance of payments accounts capture international transactions, including exports and imports of goods and services, expenditures by tourists, income from overseas investments, and government loans abroad. The surplus or deficit in the federal government's official budget is a domestic financial activity and is not included in the balance of payments accounts.

The Major Transactions Captured in a Nation's Balance of Payments