The BOP Must Be in Balance but the Current Account

question 42

Multiple Choice

The BOP must be in balance but the current account need not be.

• A)True
• B)False

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Definitions:

Philanthropic

Relating to the act of giving money, goods, time, or effort to support a charitable cause, usually over an extended period of time and to further a social good.

Whistle-blowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.

Ethical Conscience

An innate sense or a developed mindset that informs an individual's judgments and actions based on moral principles or ethical considerations.

Devil's Advocacy

A critical thinking technique that involves arguing against a prevailing idea or decision as a way to explore alternative viewpoints and identify potential flaws.