What term describes the net result of all money that flows into and out of a nation due to international payments?
A)balance of payments
B)balance of trade
C)surplus account
D)net national payment

Question

Quizplus · Accepted Answer

The term that describes the net result of all money that flows into and out of a nation due to international payments is the balance of payments. This includes both the balance of trade (the difference between exports and imports of goods) and the balance of services (the difference between exports and imports of services), as well as other financial transactions such as foreign aid, investments, and debt repayments. The balance of payments is used to measure a country's economic health and its ability to meet its financial obligations to the rest of the world.

What Term Describes the Net Result of All Money That