Question

Balance of payments is a set of accounts showing:

(a) all monetary transactions of a country

with rest of the world

(b) all economic transactions between residents of

domestic

country

and residents

of foreign countries

(C) all autonomous transactions of a country

with

rest of

the world

(d) both (a) and (6

​

Answer 1

Answer:

please mark me as brainliest

Explanation:

Balance Of Payment (BOP) is a statement which records all the monetary transactions made between residents of a country and the rest of the world during any given period. ... On the other hand, the BOP deficit indicates that a country's imports are more than its exports.