clagarvaley
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Which of the following correctly defines the terms below? balance of trade balance of payments

ABalance of payments captures all international debts; balance of trade projects national trade deficits.
BBalance of trade calculates the top producing nations; balance of payments calculates the weakest producing nations.
CBalance of trade summarizes the flow of goods and services; balance of payments summarizes all capital flows.
DBalance of payments helps find out ...

Verified Answer :

Hagrid

The right answer for the question that is being asked and shown above is that: "c. Balance of trade summarizes the flow of goods and services; balance of payments summarizes all capital flows." This correctly defines the terms : balance of trade balance of payments

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