If There Are No Net Factor Payments from Abroad and No

question 86

Multiple Choice

If there are no net factor payments from abroad and no unilateral transfers,net exports of $10 billion is the same as

• A)a current account deficit of $10 billion.
• B)a capital and financial account surplus of $10 billion.
• C)net acquisition of foreign assets of $10 billion.
• D)net foreign borrowing of $10 billion.

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Definitions:

Contributory Negligence

A legal doctrine indicating that if a party has contributed to their own injury or damages through their negligence, they may not be compensated for those injuries or damages.

Final Clear Opportunity

A concept in tort law, particularly in negligence, which refers to the last chance a defendant might have had to avoid causing harm to the plaintiff.

Duty

A moral or legal obligation; a responsibility.

Assistance

The act of providing help or support, especially to people in need.