What is the term for the record of all transactions with foreign nations that involve the exchange of merchandise goods and services or unilateral gifts?

Name: What is the term for the record of all transactions with foreign nations that involve the exchange of merchandise goods and services or unilateral gifts?
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Question

Quizplus · Accepted Answer

The current account is the part of the balance of payments that records all transactions involving the exchange of merchandise goods, services, and unilateral transfers with foreign nations.

What Is the Term for the Record of All Transactions