A Current Account Deficit Implies That

question 29

Multiple Choice

A current account deficit implies that

• A)the financial account is negative.
• B)the financial account is in surplus.
• C)exports of goods and services exceed imports of goods and services.
• D)unilateral transfers are positive.
• E)None of the above.

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Definitions:

Attitude

A consistent attitude or sentiment towards a person or thing, often shown through how one acts.

Self-Perspective

An individual’s viewpoint or attitude towards themselves, often influencing their behavior and decisions.

Decision Making

The mental act of choosing an action plan among several options.

Openness to Experience

A personality trait characterized by a willingness to try new things and be open to new experiences and ideas.