_ is a statement of a systematic record of all economic transactions between one country and the rest of the world.

Related MCQs

• Along with the world bank and WTO is the third economic pillar of world-wide dimensions.
• The currency used for international transactions irrespective of the importing or exporting country’s currency is called _ .
• In the _ account, only transactions relating to goods are entered.
• Transactions in the foreign exchange market are carried out are termed as _.
•     _ are authorized to deal in foreign exchange transactions.
• If a country enjoys an absolute advantage in the production of all commodities then also trade is possible”. Who said this?
•     _ means a decline in the rate of exchange of one country in terms of another’s.
• Monetary Policy is a regulatory policy by which the ______or monetary authority of a country controls the supply of money, availability of bank credit and cost of money that is the rate of interest:
• . When aggregate economic activity is increasing, the economy is said to be in
• When aggregate economic activity is declining, the economy is said to be in