The Components of the Current Account Include Imports of Goods

question 119

Multiple Choice

The components of the current account include imports of goods and services, exports of goods and services, and

• A) net transfers.
• B) any increase in U.S.-owned assets abroad.
• C) military sales.
• D) foreign-held money orders.

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Definitions:

Sociological Account

An explanation or analysis of social phenomena, derived from sociological theories or perspectives.

Sociological Approaches

Various theories and methods used by sociologists to analyze and understand social phenomena, including structural-functionalism, conflict theory, and symbolic interactionism.

Strengths And Limitations

The positive attributes and weaknesses or restrictions inherent to a person, system, or method.

Education

A process of facilitating learning, acquiring knowledge, skills, values, beliefs, and habits through various methods such as teaching, training, storytelling, discussion, and directed research.