What is the record of all economic transactions of a country in a particular period called?
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➡️ Balance of Payment.
➡️ The Balance of International payments or Balance of Payments refers to the systematic and summary record of a country’s economic and financial transactions with the rest of the world, over a period of time.
➡️ The three main components of BoP are Current Account, Capital Account and Official Reserve Transactions.
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Explanation:
Balance of Payment.
➡️ The Balance of International payments or Balance of Payments refers to the systematic and summary record of a country’s economic and financial transactions with the rest of the world, over a period of time..
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