If Net Interest and Net Transfers Are $0, and a Nation's

question 240

Multiple Choice

If net interest and net transfers are $0, and a nation's purchases of foreign goods and services are $3.5 billion while its sales of goods and services to foreigners are $4.5 billion

• A) it has a $1 billion surplus in its balance of payments.
• B) it has a $1 billion deficit in its current account.
• C) it has a $1 billion surplus in its current account.
• D) its capital and financial account shows a surplus.

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Definitions:

Distended Abdomen

A condition where the stomach area is enlarged or swollen, often due to gas, fluid, or the accumulation of mass within the abdomen.

Ostomy Pouch

A medical device used to collect waste from a surgically created opening in the body, such as from the intestine or urinary tract.

Skin Barrier

The protective outermost layer of the skin that defends against environmental threats and prevents the loss of moisture.

Stoma

Artificially created opening between a body cavity and the surface of the body (e.g., a colostomy formed from a portion of the colon pulled through the abdominal wall).