Which of These Is(are) True? I

question 103

Multiple Choice

Which of these is(are) true? I. The balance of trade is included in the capital account.
II) A deficit in either the current or capital account must be offset by an equal surplus in the other account.
III) If the United States sends money to Haiti for disaster relief, it will be accounted for as a subtraction from the U.S. current account.

• A) I only
• B) II only
• C) I and II only
• D) II and III only

---

Definitions:

Small Dollar Value

Transactions or items that have a low monetary worth but may occur frequently within a business or transactional context.

Original Delivery Promise

The initial commitment made by a supplier regarding the delivery time of goods or services.

Speed Up Delivery

The process of increasing the speed at which goods are moved from the supplier to the customer in order to reduce lead times.

Delayed Order

A situation where a purchase request or delivery of goods is not fulfilled within the expected timeline.