If the Current Account Is in Deficit and the Capital

question 60

Multiple Choice

If the current account is in deficit and the capital account is zero,then

• A)the financial account must be in surplus.
• B)the balance of trade must be in surplus.
• C)the balance of payments must be in surplus.
• D)there is a capital outflow.
• E)the balance of services must be in surplus.

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Definitions:

Genetics

The study of genes, genetic variation, and heredity in living organisms, explaining how traits are passed from parents to offspring.

Twin Study

A study examining twins raised apart and together, usually to explore whether characteristics are caused by genetics or environment.

Nature-Versus-Nurture

A debate concerning the relative importance of an individual's innate qualities (nature) versus personal experiences (nurture) in determining or causing differences in physical and behavioral traits.

Monozygotic Twins

Identical twins sharing the same genetic profile.