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A summary of all of a country's international financial transactions is its:
ABalance of premiums
BBalance of pensions
CBalance of permits
DBalance of payments
Answer & Solution
Correct answer: D. Balance of payments
1. It is broader than the trade balance.
2. It covers all financial transactions.
3. It is the balance of payments.
_Source: OpenStax Introduction to Business, Chapter 3, Competing in the Global Marketplace._
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