Correct Answer: economic, financial

Solution : The correct answer is (c) economic, financial

The balance of payments provides a systematic record of all economic and financial transactions between a country and the rest of the world. It helps in assessing a country's economic and financial interactions with other countries, including trade in goods and services, income flows, transfers, and financial transactions such as investments, loans, and borrowing. By analyzing the balance of payments, policymakers and economists can gain insights into a country's economic performance, its international financial position, and the effectiveness of its economic policies.