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Table 202 -Refer to Table 20

question 175

Multiple Choice

Table 20.2
 Current Account ($)  Merchandise exports 500 Merchandise imports 200 Merchandise trade balance  Service exports 400 Service imports 600 Goods and services bal ance  Net investment income from abroad 50 Net unilateral transfers 90 Current account balance \begin{array} { | l | c | } \hline \text { Current Account } & ( \$ ) \\\hline \text { Merchandise exports } & 500 \\\hline \text { Merchandise imports } & 200 \\\hline \text { Merchandise trade balance } & \\\hline \text { Service exports } & 400 \\\hline \text { Service imports } & 600 \\\hline \text { Goods and services bal ance } & \\\hline \text { Net investment income from abroad } & 50 \\\hline \text { Net unilateral transfers } & - 90 \\\hline \text { Current account balance } & \\\hline\end{array}
-Refer to Table 20.2,which shows a balance-of-payments account.What is the current account balance?


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Lower Classes

Social groupings at the lower end of a socioeconomic hierarchy, often characterized by limited access to resources.

American Dream

The ideal by which equality of opportunity is available to any American, allowing the highest aspirations and goals to be achieved.

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A social and political philosophy that emphasizes the moral worth of the individual, advocating for freedom of action for individuals over collective or state control.

Socioeconomic Barriers

Obstructions that individuals or groups face due to their social and economic position, affecting access to resources, opportunities, and equality.

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