When a Country Must Make a Net Payment to Foreigners

question 59

Multiple Choice

When a country must make a net payment to foreigners because of a balance-of-payments deficit, the central bank of the country

• A)should do nothing.
• B)should run down its official reserve assets (e.g. gold, foreign exchanges, and SDRs).
• C)should borrow anew from foreign central banks.
• D)either b or c will work.

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Definitions:

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The process by which diseases spread from one individual to another, through direct or indirect contact, or environmental exposure.

Evolutionary View

This perspective emphasizes the role of evolutionary processes in shaping organisms' physical and behavioral attributes over generations to adapt to their environments.

Cooperative Group Life

Activities and interactions within a group that promote mutual help, shared responsibilities, and collective efforts towards common objectives.

Social Isolation

The state of being separated from others and lacking a sense of social belonging or fulfillment.