In the context of global trade, which of the following statements is true of balance of payments?
A) It includes foreign borrowing and lending.
B) Its surplus indicates more money flowing out than in.
C) It excludes overseas investments.
D) Its deficit indicates more money flowing in than out.

Question

Quizplus · Accepted Answer

The balance of payments includes all transactions between a country and the rest of the world, including foreign borrowing and lending.

In the Context of Global Trade, Which of the Following