In Order for the Balance of Payments to Balance,the

question 133

Multiple Choice

In order for the balance of payments to balance,the:

• A)current account balance must equal the capital account balance.
• B)sum of the current account balance,the capital account balance,the net flow of international reserves,and the statistical discrepancy must have a negative value.
• C)sum of the current account balance,the capital account balance,the net flow of international reserves,and the statistical discrepancy must have a positive value.
• D)sum of the current account balance,the capital account balance,the net flow of international reserves,and the statistical discrepancy must equal zero.
• E)the sum of the current account balance,the capital account balance,and the net flow of international reserves must be greater than the statistical discrepancy.

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Definitions:

Unconscious Mental Activity

Activity of the mind that occurs without conscious awareness, influencing thoughts, feelings, and behaviors, a key concept in psychoanalytic theory.

Axiom

A statement or proposition that is regarded as being established, accepted, or self-evidently true.

Personality Psychologist

A branch of psychology focused on studying and understanding the variations in individuals' characters and traits.

Differences

Distinctions between entities in various aspects such as physical characteristics, preferences, or behaviors.