Balance of Payment situation refers to exploiting opportunities in which environment?
A)Economic Environment
B)Technological Environment
C)Governmental Environment
D)Socio-demographic Environment

Question

Quizplus · Accepted Answer

The Balance of Payment situation primarily pertains to a country's economic environment as it involves the record of all economic transactions between the residents of the country and the rest of the world in a particular period. These transactions are made up of imports and exports of goods, services, financial capital, and financial transfers.

Balance of Payment Situation Refers to Exploiting Opportunities in Which