Answer-If Balance of Payment is always balanced, it means ____

The balance of payment is the lsquosystematic record of economic transactions of the residents of a country with the rest of the world during a given period of timersquo. It comprises of Current, capital and financial accounts. In accounting terms, any surplus or deficit in one account is balanced by a deficit or surplus I the other. Concept covered in live classes and videos

Question

If Balance of Payment is always balanced, it means

____

A Import of goods and exports of goods are balanced

B Import and export of goods and services are balanced

C Current account surplus or deficit is balanced by the deficit or surplus of capital account

D Current account surplus is equal to capital account surplus

E All of the above

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If Balance of Payment is always balanced, it means

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