The Current Account Balance Equals

question 116

Multiple Choice

The current account balance equals:

• A)exports of goods - imports of goods + net primary income + net secondary income.
• B)exports of services - imports of services + net primary income + net secondary income.
• C)balance of trade on goods and services + net primary income + net secondary income.
• D)exports of services - imports of services + balance of trade on goods and services + net secondary income.

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Definitions:

Medusa

A jellyfish-like animal; a free-swimming, umbrella-shaped stage in the life cycle of certain cnidarians. Compare with polyp.

Planula

The free-swimming, ciliated larva form of certain cnidarians, such as jellyfish, before it settles on a surface and develops into a polyp.

Miracidium

A free-swimming larval stage in the life cycle of certain parasitic flukes, hatching from eggs and infecting the first intermediate host, typically a snail.

Polyp Colony

An aggregation of many individual, yet genetically identical, polyps that are connected, forming organisms such as corals.