A Deficit on the Current Account

question 67

Multiple Choice

A deficit on the current account:

• A)normally causes a surplus on the capital account.
• B)normally causes a deficit on the capital account.
• C)has no relationship to the capital account.
• D)means that a nation is not making any international transfers.

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Definitions:

Cultural Practices

Refers to the shared ways of life, including traditions, languages, rituals, and customs, that characterize a particular society or group.

Agricultural Practices

Methods and techniques used in farming and livestock raising to increase productivity and sustainability, including crop rotation, irrigation, and use of fertilizers.

Epic of Deganawidah

A traditional Iroquois story that recounts the founding of the Iroquois Confederacy by the legendary figures Deganawidah and Hiawatha.

Iroquois League

A confederation of Native American tribes located in the northeastern region of North America, known for their collective and democratic governing practices.