Question

    The Balance of Payments of a country is a systematic

    record of
    A all import and export transactions of a country during a given period of time, normally a year Correct Answer Incorrect Answer
    B goods exported from a country during a year Correct Answer Incorrect Answer
    C economic transaction between the government of one country to another Correct Answer Incorrect Answer
    D capital movements from one country to another Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Balance of Payments is a record of all transactions conducted between a country and the rest of the world. It keeps a systematic record of all imports and exports of goods/services/capital and other factors and transfer payments generally during the span of a year.

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