The Largest Single Component of the United States Current Account

question 33

Multiple Choice

The largest single component of the United States current account is:

• A) current transfers.
• B) income payments and receipts.
• C) goods (merchandise) imports and exports.
• D) services imports and exports.

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Definitions:

Monocots

refer to a group of flowering plants whose seeds typically contain one embryonic leaf, or cotyledon.

Cotyledons

Embryonic leaves in seed-bearing plants, which are the first to appear from a germinating seed and play a key role in photosynthesis and nutrient storage.

Vascular Bundles

Structures in plants that contain xylem and phloem tissues, responsible for transporting water, nutrients, and sugars.

Flesh

The soft tissue of the body, especially muscle and fat, that covers the bones and is beneath the skin.