Which of the Following Statements Is CORRECT

question 22

Multiple Choice

Which of the following statements is CORRECT?

• A) If the current account is in deficit, then the sum of the financial and capital accounts must also be in deficit.
• B) The overall sum of all the entries in the balance of payments must be positive.
• C) If the current account is in surplus, then the sum of the financial and capital accounts must also be in surplus.
• D) The overall sum of all the entries in the balance of payments must be zero.

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Definitions:

Fractured Granitic

Describes granitic rock that has been broken or cracked, often by natural processes such as tectonic movement or weathering.

Metamorphosed Rocks

Rocks that have undergone a physical or chemical change due to extreme heat and pressure, altering their original mineralogy and texture.

Mineral Deposit

Dense gatherings of minerals from which materials of economic value can be obtained.

Weathering

The breakdown of rocks, soil, and minerals as well as artificial materials through contact with the Earth's atmosphere, organisms, and water.