A Current Account Deficit Is Generally a Result of Imports

question 189

True/False

A current account deficit is generally a result of imports exceeding exports.

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Definitions:

Storytelling

the art of conveying events, messages, or narratives through the effective use of words, images, sounds, or actions to engage and influence an audience.

Community

A group of people living in the same area or having a particular characteristic in common, or a feeling of fellowship with others due to sharing common attitudes, interests, and goals.

Workplace

A location or environment where people are employed and where professional duties are performed.

Organizational Climate

Organizational climate refers to the collective attitudes, standards, and properties that characterize an organization and influence its members' behavior.