The Main Item in the Current Account Balance Is

question 303

Multiple Choice

The main item in the current account balance is

• A) net interest income.
• B) net transfers.
• C) net exports.
• D) net taxes.

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Definitions:

Willfully Violates

Refers to the act of intentionally breaking a law or regulation.

Securities Act of 1933

A U.S. law enacted in response to the stock market crash of 1929 that aims to ensure more transparency in financial statements so investors can make informed decisions.

Fines

Penalties of monetary payment imposed by a court on a person or organization as punishment for an offense.

Imprisonment

The act of confining someone in a prison as a punishment for committing a crime.