Suppose Grovner's Exports Equal $950 Billion, Its Imports Equal $1,000

question 101

Multiple Choice

Suppose Grovner's exports equal $950 billion, its imports equal $1,000 billion, and
Purchases of foreign assets by its citizens equals $900 billion. What is Grovner's balance on its capital account?

• A) $50 billion
• B) -$50 billion
• C) $850 billion
• D) -$850 billion

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Definitions:

Cohesion

The degree to which members of a group are attracted to and motivated to remain part of that group.

Taskwork Network

Describes the pattern of interactions, collaborations, and dependencies that emerge among team members focusing on the completion of specific tasks.

Coworkers

Individuals who work together in the same organization or on the same team, but not necessarily in the same location.

Verbal Discussion

involves exchanging thoughts, ideas, or emotions through spoken words, aiming to reach a mutual understanding or decision.