Which of the Following Statements Is True About the Role

question 229

Multiple Choice

Which of the following statements is true about the role that service exports and imports have in the balance of payments?

• A) Service exports and imports are not included in the balance of payments because it is impossible to transport a service to another country.
• B) Service exports and imports are included in the balance of payments in the labor account.
• C) Service exports and imports are included in the balance of payments in the official reserve transactions account.
• D) Service exports and imports are included in the balance of payments in the current account.

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Definitions:

Emotional States

The various forms of feelings or moods that can fluctuate over time and are influenced by a person's circumstances, relationships, or internal thoughts.

Obesity

A medical condition characterized by excess body fat that presents a risk to health, typically measured by body mass index (BMI).

Overweight

A condition characterized by weight that is higher than what is considered normal or healthy for a certain height, but not classified as obesity.

Contributing Factors

Elements or circumstances that play a part in producing a result or outcome, often discussed in the context of research to understand complex phenomena.