Statement I

question 139

Multiple Choice

Statement I.The entire flow of U.S.dollars and foreign currencies into and out of the country constitutes the balance of payments.
Statement II.The balance of payments is part of the balance of trade.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.

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Definitions:

Guilty

The state of being responsible for committing a specified or implied offense or wrongdoing.

Cardiovascular System

The body's system comprising the heart and blood vessels, responsible for circulating blood and transporting nutrients and oxygen.

Carbon Monoxide

A colorless, odorless, and poisonous gas produced by the incomplete combustion of carbon-containing materials.

Tar

A dark, thick, and sticky liquid derived from coal or wood, used for waterproofing, sealing, and paving, or as a component in certain manufacturing processes.