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

---

Definitions:

Kinsey

Refers to Alfred Kinsey, an American biologist known for his research into human sexuality in the mid-20th century.

Masters and Johnson

Pioneering sex researchers who studied human sexual response and sexual disorders in the mid-20th century.

Ethnocentric Fallacy

The mistaken belief that the worldview of one's own culture is central and correct while those of other cultures are deviant or inferior.

American Psychiatric Association

A medical specialty society recognized worldwide, primarily focusing on the diagnosis, treatment, and prevention of mental illnesses.