Which of the Following Occurs in a Country's Balance of Payments

question 86

Multiple Choice

Which of the following occurs in a country's balance of payments when a country exports more goods and services and receives more income from abroad than it imports and pays abroad?

• A) current account deficit
• B) capital account surplus
• C) current account surplus
• D) capital account deficit

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Definitions:

Direct Inform

Providing information in a straightforward and unambiguous manner, typically involving clear, concise language.

Writing a Claim Message

The process of composing a communication that makes a request or demands action, typically based on a right or agreement.

Positive Relationship

A connection between people that is characterized by mutual respect, trust, support, and positive communication.

Blunt

Being direct and straightforward in communication without the use of softening words or phrases.