The system of accounts that records a nation's international financial transactions is called its:
A) trade balance.
B) national accounts system.
C) EX-IM (exports-imports) account.
D) balance of payments.
E) exchange rate.

Question

Quizplus · Accepted Answer

A nation's balance-of-payments statement records all financial transactions between its residents and those of the rest of the world during a given period of time-usually one year.

The System of Accounts That Records a Nation's International Financial