Current Account Deficits Are Offset by

question 17

Multiple Choice

Current account deficits are offset by

• A)the liquidity balances.
• B)capital account surpluses.
• C)the basic balance.
• D)balance of trade surpluses.

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Definitions:

Department

A specialized division within an organization that focuses on a specific area of work.

Bureaucracy

A structured organization characterized by a hierarchy of authority, complex rules, and a focus on procedure and administrative tasks.

Distributors

are intermediaries that move products from manufacturers to the market, often adding value through logistics, marketing, and sales support.

Customers

Individuals or entities that purchase goods or services from a business.