If the Current Account Is in Deficit, Imports of Goods

question 213

True/False

If the current account is in deficit, imports of goods and services exceed exports of goods and services (plus net unilateral transfers).

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Definitions:

Psychokinesis

The claimed ability to move or manipulate objects with the mind without physical interaction.

ESP

Extrasensory perception, the ability to gain information about an object, person, location, or physical event through means other than the known human senses.

Phantom Limb

A phenomenon in which individuals experience sensations, including pain, in a limb that has been amputated.

Clairvoyance

The supposed ability to gain information about an object, person, location, or physical event through extrasensory perception.