Which of the Following Statements Is True

question 190

Multiple Choice

Which of the following statements is true?

• A) A current account deficit is indicative of an impending recession.
• B) A current account surplus suggests that a country's exchange rate is above equilibrium.
• C) International trade is desirable because of its potential to improve country's standard of living.
• D) A current account deficit is likely to lead to rising unemployment.

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Definitions:

Relaxation Techniques

Various methods or activities designed to reduce stress and tension in the mind and body, enhancing overall well-being.

Successful Group Session

A meeting or gathering of individuals where the intended objectives or outcomes are effectively achieved.

Distributed-Functions

The allocation of different tasks or roles among various members of a group to enhance efficiency or effectiveness.

Leadership-Style

The approach or technique employed by a leader in guiding, influencing, or directing a group or organization.