Question

Balance of Payments of an economy records ____________ for a fiscal year.

Options

• income and expenditure of the government

• inflow and outflow of funds of the government

• inflow and outflow of foreign exchange to/from the economy

• inflow and outflow of loans to/from the rest of the world

Answer 1

Balance of Payments of an economy records inflow and outflow of foreign exchange to/from the economy for a fiscal year.