A Creditor Nation Means a Nation

question 400

Multiple Choice

A creditor nation means a nation

• A) through its history has invested more in the rest of the world than other countries have invested in it.
• B) whose exports exceed its imports.
• C) whose current lending to the rest of the world exceeds its borrowing from the rest of the world.
• D) whose current account is larger than its capital account.

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Definitions:

Micromanaging

A management style where a supervisor closely observes or controls the work of subordinates or employees, often excessively.

Boomerang Children

Adults who return to live in their parent's home after a period of independence, often due to economic reasons.

Middle-Class Lifestyle

A standard of living typically associated with the middle class that includes a comfortable level of income, security, and amenities.

Empty Nest

The stage in a parent's life when their children have left home to live independently.