The ________ Measures the Net Flows of Imports and Exports

question 40

Multiple Choice

The ________ measures the net flows of imports and exports of goods,services,income payments,and unilateral transfers.

• A)current account
• B)capital account
• C)change in official reserves
• D)statistical discrepancy
• E)basic balance account

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Definitions:

Injunctive Norms

Socially accepted rules or behaviors that are endorsed and expected by a group, influencing members' actions.

Centralized Communication

A form of communication structure in organizations where all decisions and processes flow through a central point of command.

Decentralized Communication

A mode of communication where messages are exchanged without a central control point, allowing for more direct and varied paths of information flow.

Balance Theory

A psychological theory suggesting that individuals seek consistency and balance among their beliefs, attitudes, and perceptions within a social context.