Demographic Studies Indicate That the World's Population Is

question 10

Multiple Choice

Demographic studies indicate that the world's population is:

• A)growing rapidly in North America and Europe while shrinking elsewhere.
• B)growing rapidly on all continents with isolated pockets of shrinkage.
• C)shrinking in North America and Europe while rapidly expanding elsewhere.
• D)generally shrinking with isolated pockets of growth.
• E)steadily increasing at a fairly constant rate across all continents.

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Definitions:

Flexible Exchange Rate

A rate of exchange that is determined by the international demand for and supply of a nation’s money and that is consequently free to rise or fall because it is not subject to currency interventions. Also referred to as a “floating exchange rate.”

Fixed Exchange Rate

A currency system where the value of a currency is pegged against another currency, a basket of currencies, or another measure of value.

Trade Deficits

A situation where a country's imports exceed its exports, indicating that it is buying more goods and services than it is selling abroad.

Current Account

Part of a nation's balance of payments encompassing the trade balance, net primary income, and net secondary income components.