Which of the following is a false statement regarding balance of payments?
a. a balance of payment statement records all transactions between one nation and the nation it trades with.
b. the balance of payment records the flow of goods and services, or imports and exports.
c. the balance of payment can tell you if a country has a deficit or surplus, and from which part of the economy it's coming.
d. the balance of payment is divided into three categories: current account, capital account, and financial account.