The Balance of Payments Refers to

Multiple Choice

The balance of payments refers to

A) the relative difference between money flowing into and out of a country.
B) the difference in value between a country's total exports and its total imports.
C) the relative difference in value between a country's total exports and its total imports.
D) the difference between money flowing into and out of a country as a result of trade and other transactions.
E) the difference in exchange rates between two countries.