Direct Evidence Is Evidence That Proves a Fact in Issue

question 54

True/False

Direct evidence is evidence that proves a fact in issue by the use of inferences.

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Definitions:

Demand for Imports

The desire and ability of a country to purchase goods and services from other countries.

Floating Exchange Rates

A system in which the value of a currency is determined by the forex market based on supply and demand relative to other currencies, unlike fixed exchange rates that are tied to a physical commodity or another currency.

Gold Convertible

A financial system where a country's currency has a fixed value in terms of gold, allowing it to be exchanged for a specified amount of gold.

Balance-of-Payment Deficits

A situation in the balance of payments where the payments made by a country for its imports, investments abroad, and other outflows are greater than the inflows from exports, foreign investments, etc.