Which of the Following Statements Is TRUE

question 37

Multiple Choice

Which of the following statements is TRUE?

• A) A country runs a capital account deficit if it imports more than it exports.
• B) The overall sum of all the entries in the balance of payments must be positive.
• C) A country runs a current account surplus if it sells more of its assets abroad than it buys abroad.
• D) If the current account is in surplus, then the sum of the financial and capital accounts must be in deficit.

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Definitions:

Social Interference

The detrimental influence of the presence or actions of others on an individual's performance or behavior.

Groupthink

A psychological phenomenon in which the desire for harmony in a decision-making group results in an irrational or dysfunctional decision-making outcome.

Designated Leader

A person assigned or elected to lead or direct a group, team, or organization.

Major Decision

A significant choice or determination made after considering various factors, often having long-term impacts on an individual's life or an organization's direction.