Current Account Deficit Refers To

question 26

Multiple Choice

Current account deficit refers to:

• A)the amount of borrowing that a country does from either the private sector or other countries.
• B)the market value of all final goods and services produced within a country in a given period.
• C)the accounting record of all monetary transactions between a country and the rest of the world.
• D)imports being greater than the exports.
• E)the net inflow of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.

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Definitions:

Community

A group of interacting living organisms sharing a populated environment, which can include various species in a specific area.

Competition

Results when members of a species attempt to use a resource that is in limited supply.

Secondary Succession

The process of ecological regeneration that occurs in an environment where a disturbance has destroyed a pre-existing community but left the soil intact.

Sequence of Events

The chronological arrangement or order in which events or steps occur.