The balance of payments of a country is a systematic record of
The balance of payments of a country is a systematic record of
- goods exported from a country during a year
- economic transaction between the government of one country to another
- capital movement from one country to another
- all import and export transactions of a country during a given period of time, normally a year
Answer
The balance of payments (BOP) of a country is the record of all economic transactions between the residents of a country and the rest of the world in a particular period (over a quarter of a year or more commonly over a year).
The correct option is D.