If a Country Has a Trade Surplus of $100 Million,then

question 94

Multiple Choice

If a country has a trade surplus of $100 million,then it has a capital _____ so that the balance of payments is _____.

• A) surplus;-$100 million
• B) surplus;$100 million
• C) deficit;-$100 million
• D) deficit;balanced.

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Definitions:

Subcontractors

External workers or companies hired by a primary contractor to perform specific tasks within a larger project.

Discounts Offered

Discounts offered are reductions from the usual cost of goods or services provided by a company to its customers, often used as a sales incentive.

Chart Of Accounts

A list of all the accounts used by a business, organized by their unique account numbers, used for organizing financial transactions and preparing financial statements.

Recording Transactions

The act of documenting financial activities in the accounting records of a company.