The Balance-Of-Payments Identity Is an Equation That Shows That the Value

question 59

Multiple Choice

The balance-of-payments identity is an equation that shows that the value of:

• A)net exports equals the net capital outflow.
• B)net capital inflow equals the net capital outflow.
• C)imports must equal exports.
• D)payments from a country equals payments to a country.

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Definitions:

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage.

Sharp

Often used to describe something with a fine edge or point capable of cutting or piercing, or an acute, piercing quality of thought or perception.

Metaphor

A figure of speech in which a term or phrase is applied to something to which it is not literally applicable in order to suggest a resemblance.

Cactuses

The plural form of cactus, referring to spiny plants that are native to arid environments.