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:

Supportive

Providing assistance, encouragement, or enabling environments that facilitate positive outcomes or coping mechanisms.

War on Drugs

A campaign of drug prohibition, military intervention, and policies aimed at reducing the illegal drug trade.

Status

A social or professional position, condition, or standing of a person or thing.

Historical Pattern

The recurring or consistent sequence of events or behaviors over a period in history.