Which of the following is not true about a nation's balance of payment?
A)Balance of Payment information is important to Banks
B)Balance of Payment keeps record or all the transactions that took place between the resident of a country and the rest of the world
C)Balance of Payment is useful to individuals involved in international trade and finance
D)Balance of Payment information is not important for a business firm

Question

Quizplus · Accepted Answer

Balance of Payment information is important for business firms involved in international trade as it helps them understand the flow of money and the currency exchange rates.

Which of the Following Is Not True About a Nation's