Which of the following is required to always be in equilibrium?

Choose the correct answer

Explanation

The balance of payments must always balance because it records all economic transactions between residents of a country and the rest of the world. Unlike individual components such as the visible trade, invisible trade, or current account balances, the overall balance of payments accounts for all inflows and outflows, ensuring it sums to zero.

Which of the following is required to always be in e… — Basic of Economics | PakQuizHub