The Net Balance of Payments Is

question 64

Multiple Choice

The net balance of payments is

• A)The difference between exports and imports.
• B)The difference between the current account balance and the capital account balance.
• C)The sum of the current account balance and the trade account balance.
• D)The sum of the current account balance and the capital account balance.

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Definitions:

Multinational Corporation

A large company that operates in multiple countries around the world, beyond its home country.

Facilities

Buildings, equipment, services, and other resources provided for a specific purpose or activity.

Political Policies

Strategies and decisions made by a government or political party that guide the administration of a country and affect its citizens and economic conditions.

Emerging Market

a market in a country that has some characteristics of a developed market but is not fully developed, often characterized by rapid growth and increased investment opportunity.