The Large Current Account Deficits in Australia Mean That

question 130

Multiple Choice

The large current account deficits in Australia mean that:

• A)foreign investors accumulate more Australian assets than Australian investors accumulate foreign assets.
• B)private savings have been at historically high levels.
• C)foreign investors lack confidence in the strength of the Australian economy and the buying power of Australian consumers.
• D)there has been little or no foreign investment in Australia.

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Definitions:

Copies

Replicas or duplicates of an original item, such as a document, artwork, or piece of digital data, made through various reproduction techniques.

DNA

Deoxyribonucleic acid, a self-replicating material present in nearly all living organisms as the carrier of genetic information.

Gene Therapy

Correction of a detrimental mutation by the insertion of DNA sequences into the genome of a cell.

Cancer Treatment

Medical strategies and interventions, such as chemotherapy, radiation, and surgery, used to fight or manage cancer by killing or inhibiting tumor cells.