A Net Importer of Assets Must Have a

question 196

Multiple Choice

A net importer of assets must have a

• A)current account deficit
• B)capital account deficit
• C)current account surplus
• D)capital account surplus
• E)balance of deficit trade

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Definitions:

Cultural Evolution

The process whereby cultures develop and propagate according to systems of belief or behavior that contribute to the success of a society.

Biological Evolution

The process through which species of organisms undergo change over time through variation, reproduction, and natural selection, leading to the emergence of new species.

Faster

Relates to speed; being quicker in movement, action, or progress as compared to another reference point or unit.

Social Psychological

Relating to how social influences affect individual behavior and mental processes.