Ask Question
16 November, 22:15

The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the

+3
Answers (1)
  1. 16 November, 22:47
    0
    Balance of payment

    Explanation:

    The balance of payment is a record of all the transactions that people, organizations and government entities in the country make with the rest of the world in a specific period of time. These transactions include imports, exports, transfer payments and services and capital, among others. According to this, the answer is that the difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other factors, is known as the balance of payment.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The difference between money coming into a country from exports and money leaving a country due to imports, plus money flows from other ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers