Which of the following statements about the balance of payments is accurate?

Choose the correct answer

Explanation

The balance of payments is an accounting record that must balance out, meaning the total of all credits and debits across the current, capital, and financial accounts sums to zero. Therefore, the overall balance cannot be positive or negative, but must be zero. Options A and B incorrectly assume a direct surplus or deficit correlation between accounts, and option C incorrectly states the total must be positive.

Which of the following statements about the balance … — The Balance of Payments | PakQuizHub