The Balance of Payments as Applied to a Course in International

question 9

Multiple Choice

The balance of payments as applied to a course in international finance may be defined as:

• A) the amount still owed by an exporting firm after making an initial down payment.
• B) the amount still owed by governments to the International Monetary Fund.
• C) the measurement of all international economic transactions between the residents of a country and foreign residents.
• D) the amount of a country's merchandise trade deficit or surplus.

---

Definitions:

"Is-a" Relationship

A concept used in object-oriented programming to describe an inheritance relationship between a subclass and its superclass.

Data Members

Variables that hold the state of an object in a class, typically private and accessed via getter and setter methods.

Superclass

A superclass is a class in object-oriented programming from which other classes inherit methods and attributes.

Superclass

A class from which a subclass inherits features, including fields and methods.