Balance of payments of a country explains the overall position of?

a

current account of the balance of payments

b

capital account in the balance of payments

c

both the current and capital acounts

d

position of the balance of trade

e

visible and invisible trade

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Datboigreat
2 years ago

true

Deepthinker581
4 years ago

The balance of payments (BOP) transactions consist of imports and exports of goods, services, and capital, as well as transfer payments, such as foreign aid and remittances. ... The current account includes transactions in goods, services, investment income, and current transfers.

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