The difference between the flow of money into and out of a country is called its _____.

A) balance of trade
B) domestic gain
C) balance of payments
D) credit balance
E) exchange rate

Question

The difference between the flow of money into and out of a country is called its _____.A) balance of tradeB) domestic gainC) balance of paymentsD) credit balanceE) exchange rate

Gretah DiOrio · Accepted Answer

Final Answer : C, Explanation :  The difference between the flow of money into and out of a country is called its balance of payments. This includes all transactions, such as trade in goods and services, financial transfers, and investments.

The difference between the flow of money into and out of a country is called its _____.

A) balance of trade
B) domestic gain
C) balance of payments
D) credit balance
E) exchange rate

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Learning Objectives

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