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    Question

    Balance of Payments is the record of monetary

    transactions between ________.
    A Residents of a nation and the rest of the world Correct Answer Incorrect Answer
    B Non-residents and the rest of the world Correct Answer Incorrect Answer
    C Residents of a nation and non-residents Correct Answer Incorrect Answer
    D a and c Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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