In a Balance-Of-Payments Record, If the Credit and Debit Offset

question 3

True/False

In a balance-of-payments record, if the credit and debit offset each other, it means that a nation is in particularly good financial condition.

---

Definitions:

Observance Of The Sabbath

The practice of abstaining from work and engaging in restful activities in adherence to religious principles, typically from Friday evening to Saturday evening in Judaism, and Sunday in Christianity.

Past Sins

Refers to actions or behaviors from one's past that are considered morally wrong or unethical, often carrying emotional or psychological impact.

Nonhuman Spirits

Entities or beings believed to exist beyond the physical world and not having a human form, often associated with religious or spiritual belief systems.

Nature Controls Life

The concept that natural forces and environments significantly shape living organisms and ecosystems.