The Major Factor Affecting a Nation's Balance of Payments Is

question 7

Multiple Choice

The major factor affecting a nation's balance of payments is

• A) an increase in its rate of unemployment.
• B) its rate of inflation relative to the rate of inflation of its trading partners.
• C) a change in the productivity of its labor.
• D) its stock market movements.

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Definitions:

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, age, gender, or sexual orientation.

Myocardium

The thick middle layer of the heart wall composed of cardiac muscle, responsible for the heart's contractile movement.

Oxygen Deprivation

A condition resulting from insufficient oxygen reaching the body's tissues and organs, leading to potential harm or dysfunction.

Central Nervous System

The part of the nervous system that consists of the brain and the spinal cord, crucial for processing and transmitting information.