The Components of the Current Account Include Imports of Goods

question 119

Multiple Choice

The components of the current account include imports of goods and services, exports of goods and services, and

• A) net transfers.
• B) any increase in U.S.-owned assets abroad.
• C) military sales.
• D) foreign-held money orders.

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Definitions:

Autonomy

The right or condition of self-government, or in a broader sense, the capacity of an individual to make an informed, uncoerced decision.

Enduring Relationships

Long-lasting interpersonal connections characterized by emotional bonds, support, and mutual respect.

Social Isolation

A state in which an individual lacks a sense of social belonging, true engagement with others, and fulfilling relationships.

Political Freedom

The rights of individuals to participate in political life, including freedoms of speech, assembly, and the ability to vote and run for office.