The balance of payments of a country is a systematic record of
Options
(a)all import and export transactions of a country during a given period of time, normally a year
(b)goods exported from a country during a year
(c)economic transaction between the government of one country to another
(d)capital movements from one country to another
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Class 12Open Economy Macroeconomics— NCERT Economics, Chapter 6. An open economy trades goods and services and financial assets with the rest of the world; imports are a leakage from, and exports an injection into, the circular flow.…
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