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The balance of payment account mainly records:

The balance of payment account mainly records:
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Internal commercial activities only
  • B All international transactions made
  • C Only government revenue collections
  • D Only visible export transactions
Correct Answer: Option B
Explanation:
Balance of payment records all economic transactions between a country and other nations, including visible trade, invisible trade, investments, and financial transfers.

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