If Japan Has a Current Account Surplus, Then It Must

question 105

Multiple Choice

If Japan has a current account surplus, then it must:

• A) have an offsetting capital account deficit.
• B) also have a surplus in its capital account.
• C) import more goods than it exports.
• D) have a positive balance of payments.

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Definitions:

Limbic System

A complex system of nerves and networks in the brain, involved in various emotional states and behavioral responses, such as fear, pleasure, and happiness.

Prefrontal Cortex

The region of the frontal lobes of the brain involved in complex cognitive behaviors, personality expression, decision making, and moderating social behavior.

Dual Process Model

A theory suggesting there are two distinct systems for processing information: a fast, automatic, intuitive system, and a slower, more analytical, reflective system.

Prefrontal Cortex

The prefrontal cortex is a region of the brain associated with executive functions like decision-making, personality expression, and managing social behavior.