​Which of the Following Is a Key Component That Determines

question 49

Multiple Choice

​Which of the following is a key component that determines a country's primary income (within the country's current account) ?

• A) ​direct foreign investment
• B) ​international trade
• C) ​tax rates
• D) ​gifts

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Definitions:

Federal Reserve Act

The 1913 U.S. legislation that established the Federal Reserve System as the central banking authority, responsible for monetary policy and oversight of banks.

Established

Refers to something that has been in existence for a long time and is accepted by many or most people.

Board of Governors

A governing body at the top of an organization or institution, such as the Federal Reserve, responsible for overseeing its operations and making key decisions.

Fourteen-Year Term

A fixed period of fourteen years, often referenced in legal, contractual, or tenure contexts.