The Balance of Payments Refers to

question 175

Multiple Choice

The balance of payments refers to

• A) the relative difference between money flowing into and out of a country.
• B) the difference in value between a country's total exports and its total imports.
• C) the relative difference in value between a country's total exports and its total imports.
• D) the difference between money flowing into and out of a country as a result of trade and other transactions.
• E) the difference in exchange rates between two countries.

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Definitions:

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