The summary of a state's financial transactions with the rest of the world,including trade,foreign aid,and the remittance of income by citizens employed abroad,is known as a __________.

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The summary of a state's financial transactions with the rest of the world, including trade, foreign aid, and the remittance of income by citizens employed abroad is known as the balance of payments. Gross National Product (GNP) is the total value of goods and services produced by a country's citizens, while merchandise trade refers to the exchange of goods between countries. Capital flow refers to the movement of money and investments across borders.

The Summary of a State's Financial Transactions with the Rest