4. A systematic record of all economic transactions completed between residents of a country and the rest of the world in a year is known as..? [A] Net Capital Flow [B] Balance of Payment [C] Balance of Trade IDLAbsolute Flow

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 9SCQ: The Central African Republic has a GDP of 1,107,689 million CFA francs and a population of 4.862...
Question
i need the answer quickly
4. A systematic record of all economic transactions
completed between residents of a country and the rest
of the world in a year is known as..?
[A] Net Capital Flow
[B] Balance of Payment
[C] Balance of Trade
[D] Absolute Flow
Transcribed Image Text:4. A systematic record of all economic transactions completed between residents of a country and the rest of the world in a year is known as..? [A] Net Capital Flow [B] Balance of Payment [C] Balance of Trade [D] Absolute Flow
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax
MACROECONOMICS FOR TODAY
MACROECONOMICS FOR TODAY
Economics
ISBN:
9781337613057
Author:
Tucker
Publisher:
CENGAGE L
Micro Economics For Today
Micro Economics For Today
Economics
ISBN:
9781337613064
Author:
Tucker, Irvin B.
Publisher:
Cengage,
Economics For Today
Economics For Today
Economics
ISBN:
9781337613040
Author:
Tucker
Publisher:
Cengage Learning
Survey Of Economics
Survey Of Economics
Economics
ISBN:
9781337111522
Author:
Tucker, Irvin B.
Publisher:
Cengage,