The Current Account Reflects

question 40

Multiple Choice

The current account reflects:

• A)trade in only tangible products.
• B)trade in goods as well as services.
• C)trade in services only.
• D)the purchase of securities from foreigners.
• E)the sale of securities to foreigners.

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Definitions:

Background Checks

The process of verifying the personal, financial, or criminal records of an individual or entity.

Applications

The submission of materials or documents required to apply for a job, program, or service.

Concurrent Validation

A method of assessing the reliability of a test by comparing its results with those of an established measure or outcome at the same time.