If a Country Is Importing More Than They Are Exporting

question 414

Multiple Choice

If a country is importing more than they are exporting, the current account will have a _ balance and the capital account will have a balance.

• A) negative; negative
• B) negative; positive
• C) positive; positive
• D) positive; negative

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Definitions:

Opponent

An individual or group who holds a position counter to one's own in a debate, argument, or competition.

Appeal to Authority

A logical fallacy that occurs when someone argues that a claim is true simply because an expert or authority asserts it to be true, without further evidence.

Mechanic

A professional who applies technical knowledge to repair, maintain, and sometimes construct machinery, vehicles, or other mechanical systems.

Rain

Precipitation in the form of water droplets that falls from clouds in the sky to the earth's surface.