The Capital Account Is

question 256

Multiple Choice

The capital account is

• A)the reserve assets created by the International Monetary Fund for countries to use in settling international payment obligations.
• B)the price of one nation's currency in term of the currency of another country.
• C)a category of the balance of payments transactions that measures flows of real and financial assets.
• D)a category of the balance of payments transactions that measures the exchange of merchandise, the exchange of services, and unilateral transfers.

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Definitions:

Socialization Steps

The process through which individuals learn and adopt the norms, values, and behaviors necessary to function in a given society or organization.

Strong Cultures

Organizational cultures characterized by deeply ingrained norms, values, and behaviors that are widely shared and strongly upheld by members, guiding their actions and decisions.

Socialization Process

The manner in which individuals acquire the necessary knowledge, skills, and behaviors to become effective members of a society or particular organization.

Strong Cultures

Characterizes organizations with deeply ingrained values, beliefs, and practices that are widely shared and strongly upheld by members, influencing behavior and decision-making.