Because It Provides Some Indication of What Is Happening to U.S.claims

question 32

Multiple Choice

Because it provides some indication of what is happening to U.S.claims on foreign wealth and the demand for imports and exports,the ________ is closely followed by economists wanting information on the future movement of exchange rates.

• A) trade balance
• B) capital account
• C) current account balance
• D) statistical discrepancy

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Definitions:

Black Shirts

The paramilitary wing of the National Fascist Party in Italy, known for their black uniforms and loyalty to Benito Mussolini, prominently active before and during World War II.

Militant Organization

A militant organization is a group that uses confrontational or violent methods to achieve political, religious, or ideological goals.

National Industrial Recovery Act

A legislation passed in 1933 as part of President Franklin D. Roosevelt's New Deal, aimed at stimulating economic recovery during the Great Depression by regulating industry standards and workers' rights.

Economic Recovery

The process of recovery in an economy that leads to increased business activity, employment, and production after a period of recession or downturn.