The record of a country's transactions in goods, services, and assets with the ________ is its balance of payments.

Question

Quizplus · Accepted Answer

The balance of payments records a country's transactions with the rest of the world, which includes all countries and entities outside of the country itself. This includes other countries' residents, governments, and businesses, as well as international organizations. Therefore, choice A, "the rest of the world," is the best answer.

The Record of a Country's Transactions in Goods, Services, and Assets