A Current Account Deficit Is Usually the Result of Exports

question 61

True/False

A current account deficit is usually the result of exports being greater than imports.

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Definitions:

Continuous-Process Technology

Technologies or systems designed for the continuous production of goods, typically in manufacturing.

Automated Chemical Processing

The use of technology and machinery to perform chemical reactions and operations with minimal human intervention, enhancing efficiency and safety.

Continuous-Process Technology

Systems or technologies that produce goods or services in an uninterrupted flow, often seen in industries like chemicals or power generation.

Considerable Automation

The significant use of machines or digital technologies to perform tasks that were traditionally done by humans.