the balance of payments is the value of a currency in one country compared with the value in…
the balance of payments is the value of a currency in one country compared with the value in another.\ntrue\nfalse
Answer
Brief Explanations:
The balance of payments is a record of all economic transactions between the residents of a country and the rest of the world over a period of time. It is not the comparison of a currency's value between two countries. The comparison of a currency's value between two countries is related to exchange - rate concepts.
Answer:
False