When Net Unilateral Transfers Are Added to the Net Exports

question 193

Multiple Choice

When net unilateral transfers are added to the net exports of goods and services, the result is called the

• A)merchandise trade balance
• B)official reserve transactions account
• C)balance of payments
• D)balance on capital account
• E)balance on current account

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Definitions:

Managing Conflict

The process of identifying and addressing differences that, if left unchecked, could affect project performance.

Conflict Management

The approach of recognizing and addressing disagreements in a rational, equitable, and effective way.

Competing

Engaging in a contest or rivalry with others where the aim is to win or achieve a particular goal.

Collaborating Strategy

A method of working together cooperatively with others to achieve a common goal or solve a problem.