Write True or False to the Statements Below

question 13

True/False

Write True or False to the statements below.If the statement is false, rewrite the underlined word or phrase to make the statement true.
-Southeast Asia is known for its rugged terrain and many islands.

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Definitions:

Current Account Deficit

An evaluation of a nation's trade balance when the cost of its imports surpasses the value of its exports in goods and services.

Trade Deficits

Occur when a country's imports exceed its exports during a certain period, indicating an outflow of domestic currency to foreign markets.

Capital Account Balance

A measure within a country's balance of payments that records all transactions involving the acquisition or disposal of capital assets, such as securities and real estate, between residents and nonresidents.

Legal Tender

Coins and paper money officially declared to be acceptable for the settlement of financial debts.