When All of the Debit or Credit Items in the Balance

question 69

Multiple Choice

When all of the debit or credit items in the balance of payments are combined:

• A) Merchandise imports equal merchandise exports
• B) Capital imports equal capital exports
• C) Services exports equal services imports
• D) The total surplus or deficit equals zero

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Definitions:

Inferiority

A feeling of lower status or self-worth compared to others, often discussed in the context of social comparison and psychological theories.

Alfred Adler

An Austrian medical doctor and psychotherapist, known for founding the school of individual psychology which emphasizes the importance of the feeling of inferiority in the development of personality.

Unconscious Mind

Part of the mind that contains desires, memories, and knowledge that are beyond conscious awareness but still influence behavior.

Collective

Referring to the actions, situations, or circumstances performed or shared by members of a group together.