The Major Factor Affecting a Nation's Balance of Payments Is

question 7

Multiple Choice

The major factor affecting a nation's balance of payments is

• A) an increase in its rate of unemployment.
• B) its rate of inflation relative to the rate of inflation of its trading partners.
• C) a change in the productivity of its labor.
• D) its stock market movements.

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Definitions:

Impairments

Reductions in normal function in physical, mental, or emotional capacities.

Personality

The combination of characteristics or qualities that form an individual's distinctive character.

Cognitive Psychologists

Scientists who study mental processes such as perception, memory, thought, and problem-solving.

Hopeless

A state of despair in which an individual perceives little or no possibility of overcoming a situation, often associated with depression.