The Balance of Payments Measures

question 28

Multiple Choice

The balance of payments measures

• A)the amount of foreign exchange intervention needed from the central banks
• B)exports minus imports
• C)the record of exchange in goods and services
• D)the value of a representative basket of foreign currencies in terms of the dollar
• E)none of the above

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Definitions:

Basic Trust

According to Erik Erikson, a sense that the world is predictable and trustworthy; said to be formed during infancy by appropriate experiences with responsive caregivers.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed, typically developed in early infancy.

Imprinting

A form of learning occurring at a particular life stage that is rapid and apparently independent of the consequences of behavior.

Symbolic Thinking

The ability to use symbols, language, or other objects to represent and understand abstract concepts.