If the Current Account Balance Is -$100 Billion, Net Interest

question 14

Multiple Choice

If the current account balance is -$100 billion, net interest = $0, net transfers = $0, then

• A) exports are greater than imports.
• B) imports are greater than exports.
• C) the capital account balance must be +$100 billion.
• D) there was an increase in net foreign assets.
• E) the country is loaning abroad.

Recognize the application and benefits of quantitative management approaches in solving business problems.

Identify the characteristics and management of open and closed systems.

Explain the role of network models in project management.

Describe the principles of contingency thinking and its application in management.

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Definitions:

Depreciable Asset

An asset that loses value over time due to wear and tear, age, or obsolescence, and for which depreciation can be accounted for tax and accounting purposes.

Useful Life

The estimated time period that an asset is expected to be usable for the purpose for which it was acquired.

Consolidation

The process of combining financial statements from different entities within a single corporate group, treating them as a single entity.