Q. The balance of payments of a country is a systematic record of

All import and export transactions of a country during a given period of time, normally a year
Goods exported from a country during a year
Economic transaction between the government of one country to another
Capital movements from one country to another

Answer: (a) All import and export transactions of a country during a given period of time, normally a year

Balance of Payments (BoP) is a record of transactions between people of a country and the rest of the world in commodities, services, and assets over a specific time period, generally a year.
The current account and the capital account are the two primary accounts kept by BoP.