mcq questions of in which a country is said to be in balance of payment
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transactions in goods, services, and assets between residents of a country with the rest of the world.The correct answer is 1 and 2 only. The balance of payments (BoP) records the transactions in goods, services, and assets between residents of a country with the rest of the world.
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accounting of a country's international transactions for a particular time period.
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