The Balance on Current Account Includes All of the Following

question 28

Multiple Choice

The balance on current account includes all of the following items EXCEPT:

• A) merchandise exports minus merchandise imports
• B) exports of services minus imports of services
• C) income receipts minus income payments on investments
• D) changes in U.S. assets owned abroad and foreign assets owned in the U.S.

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Definitions:

1964 Civil Rights Act

This landmark piece of legislation in the United States outlawed discrimination based on race, color, religion, sex, or national origin, significantly influencing the country's civil rights movement.

Discrimination Protection

Legal or societal measures in place to prevent unfair treatment of individuals based on personal characteristics.

Legislation

Legislation is the process of making or enacting laws, typically carried out by a country's legislative body, such as a parliament or congress.

Equal Employment Opportunity Commission

A federal agency that administers and enforces civil rights laws against workplace discrimination.