Which of the following correctly defines the terms below? balance of trade balance of payments
a. balance of payments captures all international debts; balance of trade projects national trade deficits.
b. balance of trade calculates the top producing nations; balance of payments calculates the weakest producing nations.
c. balance of trade summarizes the flow of goods and services; balance of payments summarizes all capital flows.
d. balance of payments find out
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Which of the following correctly defines the terms below? balance of trade balance of payments
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