If an Australian Company Sells Insurance to a Foreign Company

question 136

Multiple Choice

If an Australian company sells insurance to a foreign company, how does this affect Australia's balance of payments?

• A)It increases exports of services.
• B)It increases capital inflows.
• C)It increases imports of goods.
• D)It lowers the balance on the current account.

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Light

Electromagnetic radiation that is visible to the human eye, and is responsible for the sense of sight.

Heart Rate

The number of heartbeats per unit time, typically expressed as beats per minute (bpm).

Proximodistal

A pattern of physical and psychological development in humans where growth and skill acquisition starts from the center of the body and moves towards the extremities.

Development

The process of growth and change that organisms undergo over time, encompassing physical, cognitive, emotional, and social dimensions.