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20 December, 16:33

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

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  1. 20 December, 16:55
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    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.
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