Everything Else Equal,if a Country Has Exports of $15 Billion

question 106

Multiple Choice

Everything else equal,if a country has exports of $15 billion and imports of $16 billion,it follows that the country has a ________.

• A) current account deficit and a financial account deficit
• B) current account surplus and a financial account deficit
• C) current account surplus and a financial account surplus
• D) current account deficit and a financial account surplus

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Definitions:

Influence

The capacity or power of persons or things to be a compelling force on the actions, behavior, opinions, etc., of others.

Description

The act of giving a detailed account or picture of something in words, including characteristics, qualities, and features.

Psychological Well-being

A complex blend of the physical, mental, and emotional factors that contribute to an individual's overall sense of happiness and fulfillment.

Replication

The process of repeating a research study or experiment to verify results and ensure reliability and accuracy in scientific findings.