In the US Balance of Payments Account for a Certain Year, a Year

question 185

Multiple Choice

In the U.S. balance of payments account for a certain year, a positive number in the financial account means a

• A)net buildup of assets held by the U.S.
• B)net reduction in the ownership of assets by U.S. interests.
• C)buildup of total foreign debt.
• D)reduction of total foreign debt.

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Definitions:

Accept Blame

Accepting accountability for an error or shortfall.

Apologize

To express regret or sorrow for having done wrong or caused inconvenience to someone, often as a way of seeking forgiveness.

Reduction In Workforce

A decrease in the number of employees within an organization, usually due to economic constraints or organizational restructuring.

Decrease In Sales

A situation where a company or a business experiences a reduction in the number of goods or services sold over a specific period.