Which Statement Is False

question 34

Multiple Choice

Which statement is false?

• A)Our balance of payments is the entire flow of U.S.dollars and foreign currencies into and out of the country.
• B)Our trade balance is just the difference between our imports and our exports.
• C)Our trade balance has been negative since the mid-1970s.
• D)None of these statements is false

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Definitions:

Treatment Plant

A facility used for filtering and treating water or wastewater to meet legal and ecological standards before it's released or reused.

Filter

A process or device for removing impurities or unwanted elements from a substance.

Negotiate Costlessly

The theoretical process of reaching an agreement without incurring any transaction costs or bargaining expenses.

Mixed-Flow Recycling

A recycling system where different types of recyclables are collected together but are later sorted and processed separately.