The Difference Between a Country's Balance of Payments on Goods

question 89

Multiple Choice

The difference between a country's balance of payments on goods and services and the merchandise trade balance is that:

• A) the merchandise trade balance does not include exports and imports of services.
• B) the balance of payments does not include exports and imports of services.
• C) the merchandise trade balance does not include imports of goods and services.
• D) the balance of payments does not include imports of goods and services.

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Definitions:

HR Contributions

The positive impacts or value-added outcomes stemming from human resource management practices, including talent development, employee engagement, and organizational performance improvement.

Managerial Perceptions

The individual beliefs or understanding held by managers regarding various aspects of their organization, environment, or team, which can influence decision-making.

Financial Measures

Quantitative indicators used to assess the financial health and performance of a business or organization.

Leading Indicator

A measurable economic factor that changes before the economy starts to follow a particular pattern or trend, used to anticipate changes.