Which of the Following Is NOT a Deficit Item on a Country's

question 168

Multiple Choice

Which of the following is NOT a deficit item on a country's balance of payments?

• A) gold sales to foreigners
• B) imports
• C) a personal gift to a foreign individual
• D) none of the above

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Definitions:

Multinational Corporations

Large companies that operate and provide services or goods in multiple countries beyond their country of origin.

World Economic System

Refers to the global network of economic activities, including trade, finance, and production, that interconnects the world's economies.

Second World War

A global conflict that lasted from 1939 to 1945, involving most of the world's nations, marked by significant battles, genocide, and the eventual defeat of Axis powers.

Colonization

The act of establishing control over indigenous people of an area or country, often involving exploitation or displacement of those people.