In Which Year Was the First World Summit on Sustainable

question 25

Multiple Choice

In which year was the first World Summit on Sustainable Development held?

• A) 1982.
• B) 1985.
• C) 1990.
• D) 1992.

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Definitions:

Current Account

A part of the balance of payments of a country, accounting for trade balance, net primary income, and net secondary income transactions with foreign entities.

Surplus

A situation where the quantity of a good or service supplied exceeds the quantity demanded at the current price, often leading to price reductions.

Deficit

A financial situation where expenditures exceed revenue, leading to a shortfall that must be financed through borrowing or existing reserves.

Foreign Assets

Investments or properties owned by individuals or entities in countries other than their home country.