The record of transactions between the United States and its trading partners in the rest of the world over a particular period of time is called the
A)balance of goods and services.
B)balance of capital account.
C)balance of current account.
D)balance of payments.

Question

Quizplus · Accepted Answer

The record of transactions between the United States and its trading partners in the rest of the world over a particular period of time is called the balance of payments. This includes both the current account (which tracks trade in goods and services) and the capital account (which tracks investment flows).

The Record of Transactions Between the United States and Its