Scenario: the Table Below Shows the Payments Received from Foreigners

question 4

Multiple Choice

Scenario: The table below shows the payments received from foreigners by the residents of Country Y and the payments made to foreigners by the residents of Country Y during a certain year.

-Refer to the scenario above.Which of the following is likely to be true in this case?

• A) There will be a deficit in Country Y's financial account.
• B) There will be a surplus in Country Y's financial account.
• C) Country Y's economy will go into a recession.
• D) Country Y's terms of trade will improve.

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Definitions:

Ideal Self

A person's conception of how they would like to be or believe they should be, often serving as a motivation for self-improvement or behavioral change.

Real Self

People as they actually are.

Core Principles

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Professional Selling

The practice of promoting and selling products or services in a way that adheres to high ethical standards and involves building long-term relationships with clients.