A Balance of Payments Deficit Occurs When _____

question 42

Multiple Choice

A balance of payments deficit occurs when _____.

• A)the net inflow of money from abroad exceeds the net outflows of money to other countries
• B)imports exceed exports
• C)the net outflow of money from a country exceeds the net inflow of money from abroad
• D)exports exceed imports

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Definitions:

Mental Image

A representation in a person's mind of the physical world outside of themselves, which can be created from sensory experiences or imagination.

Forbidden Food

Foods that are prohibited from consumption due to cultural, dietary, or health-related reasons.

Anxiety Hierarchy

A list of situations or stimuli arranged in order of increasing ability to produce anxiety, used in desensitization therapies.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses or anxieties through gradual exposure to the feared object or situation, coupled with relaxation training.