If There Is a Trade Deficit,which of the Following Is

question 65

Multiple Choice

If there is a trade deficit,which of the following is true?

• A)The current account balance could be positive, negative, or zero.
• B)There will be a current account deficit.
• C)There will be a current account surplus.
• D)There will be a financial account surplus.

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Definitions:

Social Risk

Social risk in consumer behavior refers to the potential for a product or service to adversely affect the user's social standing, image, or relationships with others.

Psychological Risk

The potential for a product or service to evoke negative emotional states or threaten one's self-concept.

Public or Private

Categories that distinguish between entities or spaces owned and managed by the government (public) and those owned by individuals or corporations (private).

High-Ticket Items

Products or services that are of high value and price, often considered luxury or premium goods, requiring significant purchasing decisions.