In a Country's Balance-Of-Payments, Which of the Following Transactions Are

question 35

Multiple Choice

In a country's balance-of-payments, which of the following transactions are debits?

• A) Domestic bank balances owned by foreigners are decreased.
• B) Foreign bank balances owned by domestic residents are decreased.
• C) Assets owned by domestic residents are sold to nonresidents.
• D) Securities are sold by domestic residents to nonresidents.

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Definitions:

N. Tinbergen

Nikolaas Tinbergen was a Dutch biologist and ornithologist who won the Nobel Prize in Physiology or Medicine for his discoveries concerning social behavior patterns in animals.

Altruistic Behavior

Behavior in which one individual helps another, seemingly at its own risk or expense.

Courtship Rituals

Behaviors intended to attract or maintain the attention of a potential mate. A courtship ritual may be a signal that triggers nest building, ovulation, or mating.

Dominance Hierarchy

A social structuring within a group of animals where individuals are ranked according to their access to resources, with a clear pecking order.