A country's balance of payments accounts records
A) only the goods and services purchases among countries over a period of time.
B) the international trading, borrowing, and lending positions of a country over a period of time.
C) the flow of human and non-human capital among countries over a period of time.
D) only official transactions between governments over a period of time.

Question

Quizplus · Accepted Answer

The balance of payments accounts of a country includes all international transactions over a period of time, encompassing trading of goods and services, borrowing and lending, and other financial flows, not just specific types of transactions or capital flows.

A Country's Balance of Payments Accounts Records