The balance of payments... Group of answer choices records all the international transactions of a country with the rest of the world in a given period of time, using double-entry bookkeping tecnques is always greater than the current account balance represents all the outlflows of domestic money, but not necessarily all the inflows of foreign money is part of the trade balance, which is a more general accounting device

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The balance of payments is a comprehensive accounting record of all international transactions conducted by a country with the rest of the world over ... View the full answer