The Net Amount of International Reserves That Move Between Governments

question 22

Multiple Choice

The net amount of international reserves that move between governments to finance international transactions is called the ________ balance.

• A) capital account
• B) current account
• C) trade
• D) official reserve transactions

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Definitions:

Canadian Medical Association

A national, voluntary association of physicians that advocates on behalf of its members and the public for access to high-quality health care, and provides leadership and guidance to physicians.

Multinational Corporation

A large company that operates and provides goods or services in multiple countries beyond its original country of establishment, often exercising significant economic and political influence globally.

Branch Plant

A factory or office operated in a country by a foreign company, often perceived as a subordinate extension of its parent company.

Collateral Labour Markets

Secondary or peripheral segments of the labour market characterized by lower job security, lower wages, and less formal employment structures.