The Balance of Payments Summarizes the Transactions That Occur During

Multiple Choice

The balance of payments summarizes the transactions that occur during a given time period between

A) the government of one country and the government of another country
B) the national government and local governments in the same country
C) individuals, firms, and government of one country and individuals, firms, and governments throughout the rest of the world
D) individuals, firms, and governments of two countries
E) non-government residents (individuals and firms) of two countries