The Balance on the Current Account Is

question 46

Multiple Choice

The balance on the current account is:

• A)real GNP less net foreign investment income.
• B)real GNP less net foreign investment.
• C)real GNP less the net international investment position.
• D)real GNP less real domestic expenditure.

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Definitions:

Low Cost

A characteristic of goods, services, or processes that require minimal financial expenditure to acquire, maintain, or produce.

Internal Supply

Refers to the resources, capabilities, and competencies that are available within an organization, which can be utilized to achieve strategic objectives.

Retrained

The process of teaching employees new skills or refreshing their existing skills to meet the current demands of their job or prepare for new job roles.

HR Supply

The availability of qualified candidates, both internally and externally, to meet the human resources needs of an organization.