The Difference Between Merchandise Exports and Imports Is Called the ________

question 72

Multiple Choice

The difference between merchandise exports and imports is called the ________ balance.

• A)current account
• B)capital account
• C)official reserve transactions
• D)trade

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Definitions:

Bicultural

Identifying with or assimilating the cultural traits and values of two distinct cultures, and often navigating between them.

Marginalise

To relegate to an unimportant or powerless position within a society or group.

Assimilate

Involves incorporating new information into existing cognitive schemas or understanding, allowing for adaptation and learning in changing environments.

Integrate

To combine or bring together various parts or elements to form a whole, especially in the context of ideas, cultures, or systems.