Within the Balance of Payments,a Current Account Deficit Is Offset

question 85

Multiple Choice

Within the balance of payments,a current account deficit is offset by a:

• A)financial account deficit.
• B)financial account surplus.
• C)budget deficit.
• D)budget surplus.

---

Definitions:

Classification Categories

The hierarchical system used in biology to organize and categorize all life forms based on shared characteristics and ancestry.

Inclusive

An approach or policy that ensures all people, regardless of their differences, have equal access, opportunities, and rights.

Proper Order

A phrase referring to the correct or suitable arrangement or sequence of elements or actions.

Hypothesis

Supposition established by reasoning after consideration of available evidence; it can be tested by obtaining more data, often by experimentation.