If Net Interest and Net Transfers Are $0, and a Nation's

question 232

Multiple Choice

If net interest and net transfers are $0, and a nation's purchases of foreign goods and services are
$3) 5 billion while its sales of goods and services to foreigners are $4.5 billion,

• A) it has a $1 billion surplus in its current account.
• B) its capital account shows a surplus.
• C) it has a $1 billion deficit in its current account.
• D) it has a $1 billion surplus in its balance of payments.

---

Definitions:

Values

Fundamental beliefs or standards that dictate an individual's behavior and decision-making, shaping their perception of right and wrong.

Incongruent Conflicts

Disputes arising from differences in goals, values, or interests between individuals or groups.

Achievement

The successful attainment of objectives or goals through effort, skill, or courage.

Material Gain

Acquiring physical objects or wealth as a result of completing a task or achieving a goal.