If a Country Has a Current Account Deficit, This Suggests

question 9

Multiple Choice

If a country has a current account deficit, this suggests that

• A) the country's spending is less than its income.
• B) the country must also have a negative merchandise trade balance.
• C) the country's capital/financial account must also be in a deficit position.
• D) the country's saving is less than its investment.

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Definitions:

Mutual Emotional

Pertaining to or involving shared feelings or emotions between individuals, often implying reciprocity and a deep connection.

Reiss's Wheel

A theory in social psychology that outlines four stages of developing interpersonal relationships: rapport, self-revelation, mutual dependency, and personality need fulfillment.

Rapport

A positive relationship characterized by mutual trust, understanding, and emotional affinity.

Sternberg's Triangular

A theory that describes love in terms of three components: intimacy, passion, and commitment, which together define different types of love.