Answered

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The balance of payments is an account of a nation's foreign economic transactions.

Select the correct answer below:

A. True
B. False

Sagot :

GinnyAnswer

Final answer:

The balance of payments is a detailed record of a nation's international transactions.


Explanation:

The balance of payments is a comprehensive record of a country's international transactions, divided into subaccounts like current account and financial account. It reflects the net flow of cash into or out of a nation during a specific period.


Learn more about Balance of payments here:

https://brainly.com/question/30527829


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