The
is the difference between money flowing into a country from exports, and
money leaving the country for imports, plus money flows coming from other factors such as
tourism, foreign aid, military expenditures, and foreign investment.
O balance of cash flows
O balance of trade
O balance of payments
O balance of trade surplus



Answer :

The correct term is:

O Balance of payments

The balance of payments is the difference between the total value of exports and the total value of imports, as well as other financial transactions such as tourism, foreign aid, military expenditures, and foreign investment.
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