All of the Following Are Surplus Items in the Balance

question 58

Multiple Choice

All of the following are surplus items in the balance of payments EXCEPT

• A) purchases of foreign assets.
• B) exports of merchandise.
• C) foreign tourist expenditures.
• D) funds deposited in this country by foreign residents.

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Definitions:

Fluid Intelligence

The capability to reason and think flexibly, solving new problems without relying on acquired knowledge.

Crystallized Intelligence

The ability to use learned knowledge and experience, typically stable or increasing with age.

Fluid Intelligence

The ability to think abstractly, reason, identify patterns, and solve problems quickly, which tends to decrease with aging.

Cognitive Capacity

The total amount of information that the human brain is capable of retaining and processing.