If the Surplus in the Capital Account Are Greater Than

question 1

Multiple Choice

If the surplus in the capital account are greater than the deficit in the current account,then

• A)the current account must be positive in the long-run.
• B)the current account must be negative in the long-run.
• C)exports must be less than imports.
• D)official reserve transactions must be negative.

---

Definitions:

Non-Western Cultures

Societies and cultures that do not originate from or follow the traditions of Western countries, primarily Europe and North America.

Moral Reasoning

The cognitive process involved in distinguishing right from wrong, shaped by societal norms, personal beliefs, and ethical theories.

Rational Decision Making

A logical, step-by-step process for making choices that consider all available information and potential outcomes.

Ideal Conditions

Describes the most favorable circumstances or settings in which a specific process or experiment could occur without any impediments.