Asser (A): Balance of payment represents better picture of a country economic transactions with the rest of the world than balance of Trade.
Reas (R) : Balance of payment takes into account the exchange of both visible and invisible items whereas balance of trade does not.
Codes :

Options

A. Both A and Rare true and R is the correct explanation of A
B. Both Aand Rare true butRisnot a correct explanation of A
C. A is true but R is false
D. A is false but R is true

Answer

A