The Overall U.S.balance of Payments

question 46

Multiple Choice

The overall U.S.balance of payments

• A)shows a deficit
• B)shows a surplus
• C)is the merchandise trade balance
• D)equals exports minus imports
• E)shows how deficits in one account are exactly offset by surpluses in other accounts

---

Definitions:

Internal Qualities

Characteristics or traits that are inherent to an individual, often related to personality, values, or motivation.

Situational Factors

External influences that can affect the behavior and outcomes of individuals in any given context.

Incremental Mind-Set

A psychological perspective that abilities and intelligence can grow with time and effort.

Flexible Mind-Set

Refers to an individual's ability to adapt their thoughts, approaches, and strategies in response to changing environments and new information.