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If the Current Account Is in Deficit, Imports of Goods

question 213

True/False

If the current account is in deficit, imports of goods and services exceed exports of goods and services (plus net unilateral transfers).


Definitions:

Action Potential

An action potential is a rapid and temporary electrical charge that travels along the membrane of a neuron, enabling the transmission of signals.

Calcium Ions

Essential ions within the body that play key roles in blood clotting, muscle contraction, and nerve function.

Voltage-Gated Ion Channels

Protein channels in cell membranes that open or close in response to changes in electrical membrane potential, facilitating the flow of ions.

Biochemical Events

Processes at the molecular level in living organisms, including reactions involved in metabolism, signal transduction, and gene expression.

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