A Favourable Balance of Trade Occurs When

question 1

Multiple Choice

A favourable balance of trade occurs when:

• A) exports equal imports.
• B) the balance of payments balances.
• C) the current and capital account in the BOP are equal.
• D) the value of the exports of goods exceeds the value of the imports of goods.

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Definitions:

Main Connective

The primary logical operator in a compound proposition that defines the proposition's overall truth value.

Main Connective

The principal operator in a logical proposition that determines the proposition's overall truth value.

Main Connective

The logical operator in a compound statement that determines the statement’s overall truth value, governing the structure of the argument.

Self-Contradiction

A compound statement that is false for every assignment of truth values to its atomic components.