The Balance of Payments Includes Which Three Accounts

question 29

Multiple Choice

The balance of payments includes which three accounts?

• A)the current account,the financial account,and the capital account
• B)the capital flows account,the financial account,and the trade account
• C)the net investment account,the net exports account,and the net transfers account
• D)the balance of trade account,the net foreign investment account,and statistical discrepancy

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Definitions:

Emotional Insulation

A psychological defense mechanism where a person attempts to protect themselves from emotional stresses and shocks by distancing themselves from their feelings.

Emotion-Focused Coping

Coping strategies aimed at managing and reducing the intensity of negative emotions associated with stress, rather than addressing the root cause directly.

Problem-Focused Coping

A strategy for managing stress that involves directly addressing the cause of stress in a practical way.

Defensive Self-Deception

Defensive self-deception is a psychological mechanism where individuals unconsciously deny or rationalize undesirable truths about themselves to protect their self-esteem.