A Nation's Current Account Balance Is Equal to Its Exports

question 128

Multiple Choice

A nation's current account balance is equal to its exports less its imports of:

• A) Goods and services
• B) Goods and services, minus U.S. purchases of assets abroad
• C) Goods and services, plus net investment income and net transfers
• D) Goods and services, plus foreign purchases of assets in the United States

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Definitions:

Subscript Value

A subscript value is the index number used to identify a specific element within an array or collection in programming.

Indexed Variable

A variable that is part of an array and is accessed by its index, specifying its position within the array.

Index

An index refers to an integer value that indicates a position within an array or list, used to access specific elements.

Array's Starting Position

Refers to the initial index or location of the first element in an array, typically zero in most programming languages.