Which of the Following Statements Is True

question 2

Multiple Choice

Which of the following statements is true?

• A) Current account balance = -(capital account balance).
• B) A country's balance on current account equals its balance on capital account.
• C) If the market for a nation's currency is in equilibrium, a capital account surplus necessarily means a current account surplus.
• D) Capital accounts and current accounts balances are determined by governments.

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Definitions:

Fishbein And Azjen

Refers to psychologists Icek Ajzen and Martin Fishbein, known for their work in the field of social psychology and the Theory of Reasoned Action and Theory of Planned Behavior.

Theory Of Reasoned Action

A model used in social psychology to predict how individuals will behave based on their pre-existing attitudes and behavioral intentions.

Safe Sex

Sexual activities that aim to reduce the risk of acquiring or transmitting sexually transmitted infections (STIs) and preventing unwanted pregnancies.

Social Norm

The unwritten rules or standards of behavior that are considered acceptable within a group or society.