If the Current Account Is in Deficit, We Know That

question 145

Multiple Choice

If the current account is in deficit, we know that

• A)the merchandise trade balance is also in deficit.
• B)the merchandise trade balance is in surplus.
• C)the capital account is in surplus.
• D)there is a statistical discrepancy in the surplus.

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Definitions:

Business Etiquette

The set of expected behaviors and manners in a professional environment.

Conclusion

The final part of a document or speech that summarizes the main points and often provides a closing thought or call to action.

Normal Accidents

Incidents that occur inevitably due to the complexity and interconnectivity of modern systems.

Deliberate Action

An intentional act or decision made consciously and with forethought.