The 1970s Had Seen Relatively Small Current-Account Imbalances in the Major

question 34

True/False

The 1970s had seen relatively small current-account imbalances in the major industrial countries generally adjust quickly.

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Definitions:

Computer Program

A set of instructions written in a programming language that is executed by a computer to perform a specific task.

Justifiable Use

Circumstances under the law where actions, such as the use of force, are legally permissible due to their necessity in preventing harm or achieving a legitimate purpose.

Felony

A serious crime usually punishable by imprisonment for more than one year or by death.

Misdemeanor

A crime that is less serious than a felony and is punishable by a fine and/or imprisonment for less than one year.