A Country Has a Current Account Surplus If

question 6

Multiple Choice

A country has a current account surplus if

• A)the value of its exports exceeds the value of its imports, assuming net income from foreign assets and net unilateral transfers have a value of zero.
• B)the value of its net exports of services exceeds the value of its net exports of goods.
• C)it receives more income from foreign assets than it pays to foreigners for foreign-owned domestic assets.
• D)its capital inflows exceed its capital outflows.

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Definitions:

Tactile Corpuscle

A type of mechanoreceptor found in the dermal papillae, particularly in the fingertips and lips, sensitive to light touch and vibrations.

Lamellated Corpuscle

A nerve ending that is sensitive to pressure and vibration, found in the skin and certain other tissues.

Ruffini Ending

Ruffini endings are skin receptors that detect stretch, deformation within joints, and warmth, playing a significant role in proprioception and thermoreception.

Color-Blind

A condition characterized by an inability to distinguish between certain colors, typically resulting from a deficiency or absence of color-sensitive cells in the eye.