Utopia Would Be a Debtor Nation

question 112

Multiple Choice

Utopia would be a debtor nation

• A)if consumers in other countries bought goods and services from Utopia
• B)only if it had a deficit in its current account
• C)only if it had a deficit in its balance of goods and services
• D)if it had a deficit in its balance of trade
• E)if it had a deficit after adding together the balances in both its current account and its capital account

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Definitions:

HR Gap Analysis

The process of identifying the difference between the current capabilities of the workforce and the required skills and capacities to meet organizational objectives.

Long-term HR Priorities

Strategic human resource objectives focused on achieving sustainable competitive advantage over an extended period.

Leadership Development

The process of enhancing an individual's ability to lead, manage, and guide others within an organization.

Workforce Planning

The process of analyzing, forecasting, and planning workforce supply and demand, assessing gaps, and determining targeted interventions to ensure an organization can meet its goals and objectives.