China Runs a Current Account Surplus with the United States

question 149

Multiple Choice

China runs a current account surplus with the United States.Which of the following must be true about China's balance of payments with the United States?

• A)It must run a financial account deficit.
• B)Its balance of trade must be in deficit.
• C)Its net exports must be negative.
• D)Its balance of payments must run a deficit.
• E)China is the sole beneficiary of trade between the two countries.

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Definitions:

GABA

Gamma-Aminobutyric Acid, a neurotransmitter in the brain that plays a key role in regulating nerve excitability and muscle tone.

Neurotransmitter

Chemical substances that transmit signals across a synapse from one neuron to another in the brain or body.

Inhibitory

Referring to a process that decreases the likelihood of a neuron firing and transmitting its signal to other neurons.

Excitatory

Pertaining to or causing excitation, often referring to neurotransmitters or synaptic inputs that increase the likelihood of a neuron firing an action potential.