When the Value of Exports Equals the Value of Imports

question 65

Multiple Choice

When the value of exports equals the value of imports then

• A)the value of capital exports equals the value of capital imports.
• B)the balance of trade is in balance.
• C)the accounting identity does not hold.
• D)the value of all debit transactions equals the value of all credit transactions.

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Definitions:

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Memory is the cognitive function that enables an individual to retain information and retrieve it when necessary.

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The process of growth and change in intellectual capabilities that occurs from infancy through adulthood.

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The process whereby more advanced thinkers or more capable members of a culture provide novice learners with a supportive temporary prop that enables the novice to learn and to reach higher levels of thinking.

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