The Phrase "Twin Deficits" Refers to

question 2

Multiple Choice

The phrase "twin deficits" refers to

• A)a country's trade deficit and its government budget deficit.
• B)the fact that if a country has a trade deficit, its trading partners must also have trade deficits.
• C)the equality of a country's saving deficit and its investment deficit.
• D)a country's trade deficit and its net capital outflow deficit.

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Definitions:

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A country located at the southern tip of Africa, known for its diverse cultures, languages, and geopolitical history.

Amafufunyana

A South African cultural belief describing a condition thought to be caused by witchcraft, characterized by aggressive behavior and believed to be possession by spirits.

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