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Why Is the Balance of Payments Always Zero

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Why is the balance of payments always zero?


Definitions:

Subclasses

Categories that are subordinate to a larger class, providing a means to organize elements into hierarchies or specializations.

Make Believe

Engaging in imaginative play, pretending, or creating a fictional scenario.

Conservation

In cognitive psychology, the principle that properties of substances, such as weight and mass, remain the same (are conserved) when superficial characteristics such as their shapes or arrangement are changed.

Empathy

The capacity to understand and share the feelings of another person, fostering emotional connection and social bonding.

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