Which of the Following Is Included in Both the Balance

question 46

Multiple Choice

Which of the following is included in both the balance of trade and the balance of payments?

• A) exports
• B) earnings on domestic assets owned by foreign residents
• C) international capital movements
• D) earnings by domestic residents on assets located abroad

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Definitions:

Empirical

Is grounded on, revolves around, or can be authenticated by experiencing or witnessing phenomena directly, rather than by theoretical inference or logical suppositions.

Sociohistorical Context

The combination of social, historical, and cultural factors at a specific time that influences individuals and societies.

Experience

The knowledge or skill acquired by a period of practical exposure to events or activities, often influencing behavior or perceptions.

Perception of Pain

The subjective interpretation and experience of pain, which can be influenced by physical, emotional, and cognitive factors.