Question

The two major types of transactions that affect the international flow of money are:

a. balance of payments; balance of credits
b. debits; credits
c. trade in goods and services; capital flows
d. flows of financial capital; flows of payments

Answer 1

c. trade in goods and services; capital flows

Answer 2

The two major types of transaction that affects the international flow of money are b. debits and credits.
When you say debits, it the liabilities and when you say credits its the assets. These two is the major transaction that makes a big impact to the economy.