A nation's balance-of-payments statement records all financial transactions between:
A) its member states and its primary trading partners.
B) its residents and those of the rest of the world during a given period of time.
C) its suppliers and receivers.
D) profit and nonprofit organizations over a five-year period of time.
E) its top 100 companies and the global top 100 companies.

Question

Quizplus · Accepted Answer

Each of the nation's financial transactions with other countries is reflected in its balance of payments.

A Nation's Balance-Of-Payments Statement Records All Financial Transactions Between