The record of a country's transactions in international trade is her
ECONOMICSJAMB 2011
The record of a country's transactions in international trade is her
- A. capital account
- B. balance of payments
- C. current account
- D. balance of trade
Correct Answer: B. balance of payments
Explanation
The balance of payments (BOP) is a statement of all transactions made between a country with the rest of the world over a defined period of time.
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly.
Your email address will not be published. Required fields are marked *