If a Nation's Merchandise Exports Are $55 Billion, While Its

question 63

Multiple Choice

If a nation's merchandise exports are $55 billion, while its merchandise imports are $50 billion, we can conclude with certainty that this nation is experiencing a:

• A)balance of trade surplus.
• B)balance of payments surplus.
• C)positive balance on current account.
• D)positive balance on goods and services.

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Definitions:

Stable Self-Concept

A consistent and coherent sense of self that remains unchanging over time.

Inner Conflict

A psychological struggle within oneself, often between competing desires or needs.

Dysfunctional

Referring to something that is not operating normally or effectively, often applied to behaviors, processes, or relationships.

Loyalties

A strong feeling of support or allegiance, often to a person, group, cause, or country.