The balance of payments excludes
A) the value of a country's assets
B) exports of securities
C) government purchases of foreign goods
D) a reserve account

Question

Quizplus · Accepted Answer

The balance of payments is a record of a country's transactions with the rest of the world, including exports and imports of goods and services, income from assets and liabilities, and transfers. However, it does not include the value of a country's assets, which are reported separately in the international investment position.

The Balance of Payments Excludes