Any Transaction That Causes Foreign Exchange to Enter a Country

question 208

Multiple Choice

Any transaction that causes foreign exchange to enter a country is a

• A) credit item in that country's balance of trade.
• B) debit item in that country's balance of payments.
• C) credit item in that country's balance of payments.
• D) debit item in that country's balance of trade.

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Definitions:

Zygomatic Arch

The bone that forms the prominence of the cheek; it is part of the zygomatic bone.

Temporomandibular Joint

The hinge joint that connects the lower jaw (mandible) to the temporal bone of the skull, facilitating mouth movements.

Lateral Collateral Ligament

A ligament on the outer side of the knee joint that provides stability by preventing excessive lateral motion of the joint.

Posterior Cruciate Ligament

A ligament in the knee that connects the femur to the tibia and helps stabilize the knee joint.