______________ is a summary statement of all economic transactions of the residents of a nation with the residents of Rest of the World (ROW) during a particular period of time.

Related MCQs

• What records a country's transactions (made by individuals, firms and government bodies.) with the rest of the world?
• If a nation has an open economy it means that the nation:
• When each international transaction undertaken by the residents of a country are entered as a debit and credit entry of equal size, into the balance of payments, the method is known as.
• _______________are receipts which the residents of a country receive for free, without making any present or future service transaction in return.
• The value to American residents of income earned from overseas investments shows up in which account in the U.S. balance of payments?
• The _______________ records all international financial transactions that involve resident of the country concerned- changing either his assets with or his liabilities to a resident of another country.
• If a nation gains from trade its consumption point is
• The curve that shows howmuch of its import commodity a nation requires in exchange for various quantities of its export commodity is
• The amount of commodity a nation is willing to give up to get an additional unit of another commodity and still remain on the same indifference curve is known as
• India is NOT a _____ abundant nation