When Net Unilateral Transfers Are Added to the Net Exports

question 193

Multiple Choice

When net unilateral transfers are added to the net exports of goods and services, the result is called the

• A)merchandise trade balance
• B)official reserve transactions account
• C)balance of payments
• D)balance on capital account
• E)balance on current account

Assess the impact of market structures on allocative and productive efficiency.

Understand the role of the internet market structure and how major firms interact within it.

Distinguish between overt and covert collusion and their implications for market performance.

Identify factors that facilitate or hinder the establishment and maintenance of cartels.

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Definitions:

Profitability Analysis

An assessment process to determine the ability of a business to generate earnings as compared to its expenses and other relevant costs incurred during a specific period.

Net Income

The total profit of a company after all expenses, including taxes and costs, have been subtracted from total revenue.

Solvency

The ability of a company to meet its long-term financial obligations and continue its operations in the long term.

Accumulated Other Comprehensive Income

The cumulative effect of other comprehensive income items, which is reported separately in the “Stockholders’ equity” section of the balance sheet.