When a Nation Is Said to Be Running a Balance

question 54

Multiple Choice

When a nation is said to be running a balance of payments surplus,this means its

• A) official settlements balance is positive.
• B) trade balance is positive.
• C) net financial account balance is positive.
• D) current account is positive.

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Definitions:

Mature Earlier

Referring to individuals or organisms that reach a stage of physical, emotional, or intellectual development sooner than is typical for their species or cohort.

Caloric Intake

The total number of calories consumed through food and drinks, essential for energy and health maintenance.

Adolescent Growth Spurt

Describes the rapid physical growth and hormonal changes that typically occur in individuals during puberty, leading to increased height and weight.

Boys

Male children and adolescents, typically characterized by biological and physiological differences from females.