Which of the Following Statements Is True

question 189

Multiple Choice

Which of the following statements is true?

• A) A country runs a capital account deficit if it imports more than it exports.
• B) If the current account is in surplus, the capital account must be in deficit.
• C) The overall sum of all the entries in the balance of payments must be positive.
• D) A country runs a current account surplus if it sells more of its assets abroad than it buys abroad.

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Definitions:

Open and Honest Communications

Transparent and straightforward interactions that foster trust and clarity in relationships or organizations.

Authentic Leader

An authentic leader is one who is true to their own personality, values, and spirit, regardless of external pressures or challenges.

Transactional Leaders

Leadership style focused on the exchange between leaders and followers, where followers are rewarded for meeting specific goals or standards.

Carrot and Stick Approach

A motivational strategy that uses rewards (carrots) to reinforce positive behaviors and punishments (sticks) to deter negative behaviors.