In General,large Current Account Deficits Have to Be Financed By

question 1

Multiple Choice

In general,large current account deficits have to be financed by:

• A)capital outflows abroad.
• B)capital inflows from abroad.
• C)trade barriers.
• D)none of the above.

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Definitions:

Immediate Benefits

Advantages or gains that can be realized in the near term without significant delay.

Distant Future

A period of time that is significantly far ahead from the present moment.

Logrolling

In politics, the practice of exchanging favors, especially in legislative bodies, by reciprocal voting for each other's proposed legislation.

Special Interest Groups

Organizations that advocate for the particular interests of their members, often in political and policy-making contexts.