What Is a Defining Characteristic of a Balance-Of-Payments Statement

question 77

Multiple Choice

What is a defining characteristic of a balance-of-payments statement?

• A) It is a record of the domestic transactions between the government of a country and the private companies in that country.
• B) It records all financial transactions between the residents of a country and those of the rest of the world.
• C) It records the trade policies of the member nations of the WTO.
• D) It is an annual record of the profitable foreign transactions made by a particular country.
• E) It is a financial statement in which the credits must exceed the debits.

---

Definitions:

Gender Socialization

The process by which males and females are informed about gendered norms and roles in a given society.

Gender Norms

Societal rules and expectations regarding behaviors, attitudes, and appearances deemed appropriate for individuals based on their assigned gender at birth.

Patriarchy

Historically, any social system that was based on the authority of the heads of the household, which were traditionally male; recently, the term has come to mean male domination in general.

Social System

An organized collection of roles, norms, and values structured to preserve a societal group or organization's stability and functionality.