Which of the Following Statements Is TRUE

question 95

Multiple Choice

Which of the following statements is TRUE?

• A)An increase in exports causes a balance of payments surplus.
• B)A decrease in exports causes a balance of payments deficit.
• C)A decreases in imports causes a balance of payments surplus.
• D)The balance of payments is always in balance.

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Definitions:

Channel

A medium through which information is transmitted from one entity to another.

Literal-Minded

The tendency to interpret statements or words in their most basic, explicit sense without considering context or metaphor.

Interpersonal Communication

The process of exchanging information, thoughts, and feelings between individuals through verbal or non-verbal means, fundamental to building and maintaining relationships.

Feedback

Information provided about the results of an action or process, often used as a basis for improvement or adjustment.