A Country That Exports Less Than It Imports Will

question 78

Multiple Choice

A country that exports less than it imports will:

• A)Have a current account deficit and a capital account deficit
• B)Have a current account surplus and a capital account deficit
• C)Have a current account surplus and a capital account surplus
• D)Have a current account deficit and a capital account surplus

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Definitions:

Self-Esteem

Self-esteem refers to an individual's overall subjective sense of personal worth or value.

Scold

To reprimand or criticize someone harshly for a wrongdoing.

Humiliate

To cause a person a painful loss of pride, self-respect, or dignity; to embarrass or shame someone severely.

Strict Rules

Firm and unyielding guidelines or standards set to control behavior, often leaving little room for flexibility or discretion.