-The Above Gives Some of the Balance of Payments Accounts

question 128

Essay

-The above gives some of the balance of payments accounts of the United States in 2020.
a)What is the current account balance?
b)What is the capital account balance?
c)What is the official settlements account balance?

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Definitions:

Socially Constructed

The concept that meanings, notions, or connotations are created and maintained through social interactions and communal consensus.

Internalized Racism

Refers to the internalization by people of racist attitudes towards members of their own ethnic group, including themselves.

Racial Group

A group of people identified or classified together based on common genetic, physical, or social qualities, often connected to skin color, ancestry, or national heritage.

Frankfurt School

A group of German social philosophers dedicated to understanding the role of culture and mass communication in the Nazi regime.