The balance of payments of a country is a systematic record of

a) all import and transactions of a country during a given period 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


Answer: [a] 
Explanation-  BOP is a statement that summarizes an economy’s transactions with the rest of the world for a specified time period. It encompasses all transactions between a country’s residents and its nonresidents involving goods, services and income; financial claims on and liabilities to the rest of the world; and transfers such as gifts.

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