The Balance on Goods and Services Is _____

question 158

Multiple Choice

The balance on goods and services is _____

• A) the same as the merchandise trade balance since services cannot be traded.
• B) equivalent to the trade balance.
• C) the value of all tangible and intangible products exported minus the value of all tangible and intangible products imported.
• D) the value of all tangible products exported minus the value of all tangible products imported.
• E) the value of all tangible products imported minus the value of all tangible products exported.

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Definitions:

Diversity

The inclusion and representation of different types of people (such as different races, cultures, genders, etc.) in a group or organization.

Inclusion

The practice of ensuring individuals or groups are valued, respected, and supported fully in an environment, regardless of their backgrounds or characteristics.

Multiple Culturalism

An approach or policy that recognizes and values a diversity of cultures within a society, encouraging the maintenance and expression of cultural identity.

Cultural Sensitivity

The awareness, understanding, and respect for the differences and complexities in cultural practices, beliefs, and values.