Which of the Following Statements Is True About the Role

question 229

Multiple Choice

Which of the following statements is true about the role that service exports and imports have in the balance of payments?

• A) Service exports and imports are not included in the balance of payments because it is impossible to transport a service to another country.
• B) Service exports and imports are included in the balance of payments in the labor account.
• C) Service exports and imports are included in the balance of payments in the official reserve transactions account.
• D) Service exports and imports are included in the balance of payments in the current account.

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Definitions:

Unconscious

The part of the mind that contains thoughts, memories, and desires not currently in conscious awareness but that can influence behavior.

Pervasive

Spreading widely throughout an area or a group of people, often referring to elements that are present in all parts of a particular society or system.

Influences

Forces or factors that can directly or indirectly affect individuals' behaviors, beliefs, or decisions.

Genetic Influences

The impact of genes inherited from parents on the traits, behaviors, and characteristics of an individual.