Question:medium

Which of the following records the flow of foreign exchange from all international transactions over a period of time?

Show Hint

BOP = Current Account + Capital Account + Financial Account; shows total foreign exchange flow.
Updated On: Feb 18, 2026
  • Current Account
  • Official Reserves Account
  • Balance of trade
  • Balance of Payments
Show Solution

The Correct Option is D

Solution and Explanation

Step 1: Define key terms.
- Balance of Payments (BOP): A record of all international economic activities (goods, services, capital, and transfers) over a period of time.
Was this answer helpful?
0

Top Questions on Economics

Questions Asked in CUET (PG) exam