Suppose the Balance on the Current Account Is +$100 Billion

question 255

Multiple Choice

Suppose the balance on the current account is +$100 billion and the balance on the capital account is −$1 billion. The balance on the financial account is

• A) +$101 billion.
• B) −$100 billion.
• C) −$99 billion.
• D) −$101 billion.

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Definitions:

Discounts

Reductions from the usual cost of goods or services offered to customers, typically to encourage purchases.

Global Brand

A brand that is marketed under the same name in multiple countries.

Multiple Countries

The involvement of more than one country in a particular context, such as a business operating in several countries or a study conducted across national borders.

Personal Brand

The unique combination of skills, experience, and personality that one wants the world to see them as; it's the telling of one's story and how it reflects their conduct, behavior, spoken and unspoken words, and attitudes.