The Current Account Balance Is Equal to

question 46

Multiple Choice

The current account balance is equal to

• A)Trade balance + services balance - capital account balance.
• B)Trade balance + services balance + capital account balance.
• C)Trade balance + unilateral transfers + net investment income.
• D)Total payments made by residents of the United States to foreigners plus total payments made by foreigners to residents of the United States.

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Definitions:

Ten-inch Pizzas

A size specification for pizzas, indicating that the diameter of the pizza measures ten inches.

Number Expression

A mathematical statement used to represent a quantity or to carry out a calculation.

Alma Mater

A school, college, or university from which one has graduated or attended.

Number Rules

Guidelines or principles related to the use, manipulation, and understanding of numbers in various contexts.