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The Balance of Payments Refers To

Question 26

Multiple Choice

The balance of payments refers to:


A) the value of country's exports less the value of its imports during a given time period.
B) a summary of all economic transactions between one country and all other countries during a given time period.
C) the capital inflows into a country less the capital outflows during a given time period.
D) a country's gross domestic product less the value of its imports during a given time period.

Correct Answer:

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