Economics · International Business
Select the correct option from the following regarding the Balance of Payments (BoP):
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Includes only exports and imports of goods and services.
- 2Is always balanced from an accounting perspective because every credit entry has a corresponding debit entry.✓
- 3Excludes unilateral transfers like remittances.
- 4Shows only the financial account of transactions.
Correct answer
Is always balanced from an accounting perspective because every credit entry has a corresponding debit entry.
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