The record of a country’s transactions in international trade is her?

By: |Published on: Oct 23|Categories: Economics JAMB| 0 comments

A. capital account
B. balance of payments
C. current account
D. balance of trade

Correct Answer:

Option B – balance of payments

Explanation

The balance of payments (BOP) is a statement of all transactions made between a country with the rest of the world over a defined period of time.

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