If a Nation Has a Current Account Deficit and It

question 104

Multiple Choice

If a nation has a current account deficit and it does not have to make any inpayments or outpayments of official reserves,it must have a:

• A) surplus in its capital and financial account.
• B) balance of payments deficit.
• C) balance of payments surplus.
• D) deficit in its capital and financial account.

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Definitions:

Psychosexual Theory

A theory proposed by Freud suggesting that psychological development in childhood takes place in a series of fixed psychosexual stages.

Infancy

The period in a human's life from birth to the age of walking and talking; the earliest stage of childhood.

Adolescence

A developmental stage that occurs between childhood and adulthood, marked by significant physical, psychological, and social changes.

Guided Participation

A teaching method where an experienced person helps a learner by gradually adjusting the level of support as the learner's competence increases.