A Balance of Trade Deficit Results in a Current Account

question 10

Multiple Choice

A balance of trade deficit results in a current account

• A) deficit
• B) surplus
• C) IMF intervention
• D) World Bank loan

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Definitions:

SWOT Analysis

A strategic planning tool that evaluates the Strengths, Weaknesses, Opportunities, and Threats of an organization or project.

Opportunity Costs

The lost potential gain from other options when one option is chosen.

Nonmonetary Costs

Costs not easily quantified in monetary terms, including time, effort, and emotional investment made by consumers in association with a purchase.

Marketers

Professionals or organizations that engage in activities designed to identify, anticipate, and satisfy customer needs profitably.