Which of the Following Statements Is True About a Country

question 7

Multiple Choice

Which of the following statements is true about a country with a trade deficit?

• A) Net exports are negative.
• B) Net capital outflow must be positive.
• C) Exports exceed imports.
• D) Net exports are positive.
• E) none of these answers

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Definitions:

Filing Cabinet

A piece of office furniture used for storing documents, files, and other materials in an organized manner.

Long-term Memory

A type of storage in the brain capable of holding information for an extended period of time, from hours to a lifetime.

Revolving Door

A metaphor often used to describe a situation where individuals move back and forth between roles as industry professionals and regulators, leading to potential conflicts of interest.

Anterograde Amnesia

A loss of the ability to create new memories after the event that caused the amnesia, leading to an inability to recall recent experiences.