The government of a country is not considered a resident while calculating the balance of payments.

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Vanessa Renae · Accepted Answer

Final Answer : False, Explanation :  The government of a country is considered a resident when calculating the balance of payments, as it includes all transactions between the country's residents and the rest of the world, and the government's international transactions are part of this.

The government of a country is not considered a resident while calculating the balance of payments.

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