What statement of account summarizes all transactions between one country and the rest of the world for a given period of time?
a. Income balance
b. Balance of payment
c. Trade account
d. Flow of funds
Answer: b. Balance of payment
Business Multiple Choice Questions and Answers.
a. Income balance
b. Balance of payment
c. Trade account
d. Flow of funds
Answer: b. Balance of payment
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.