A Country Has a Current Account Surplus If

question 6

Multiple Choice

A country has a current account surplus if

• A)the value of its exports exceeds the value of its imports, assuming net income from foreign assets and net unilateral transfers have a value of zero.
• B)the value of its net exports of services exceeds the value of its net exports of goods.
• C)it receives more income from foreign assets than it pays to foreigners for foreign-owned domestic assets.
• D)its capital inflows exceed its capital outflows.

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Definitions:

Experience

the knowledge or skill acquired by a person through involvement in or exposure to events over time.

Gender

The range of characteristics pertaining to, and differentiating between, masculinity and femininity.

Acceptable Behavior

Actions or conduct considered appropriate, respectable, or within the norms and standards of a particular group, society, or culture.

Real Task

The actual duty or assignment that needs to be accomplished, in contrast to tasks perceived as unnecessary or irrelevant.