The Current Account Balance Is Equal to

question 134

Multiple Choice

The current account balance is equal to

• A)Imports minus exports.
• B)Exports minus imports.
• C)The trade balance plus unilateral transfers plus net investment income.
• D)The trade balance times unilateral transfers.

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Definitions:

Exchanging Messages

The act of sending and receiving written, audio, or video messages between individuals or groups.

Diversity

The integration of people from diverse backgrounds including different nationalities, skin color, religious beliefs, economic levels, and sexual orientations.

Characteristics

Distinctive features or qualities that define a person, object, or concept.

Experiences

Experiences are events or occurrences that leave an impression on someone, contributing to their knowledge, understanding, or development.