The Total Flow of Money into a Country Less the Total

question 62

Multiple Choice

The total flow of money into a country less the total flow of money out of the country over some period of time is called the country's

• A) trade deficit.
• B) balance of payments.
• C) unfavorable balance.
• D) balance of trade.
• E) favorable balance.

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Definitions:

Assimilation

In Piaget’s theory, the developing child’s process of interpreting the environment in terms of the schemas he already has.

Accommodation

In Piaget’s theory, the developing child’s process of changing his schemas based on his interactions with the environment.

Conservation of Number

A cognitive ability in children to understand that the quantity of something remains the same despite changes in its form or arrangement.

Discontinuous

Characterized by interruptions or gaps, not following a smooth, uninterrupted progression.