An Assignment Is Effective Only After Notice Is Given to the Obligor

question 14

True/False

An assignment is effective only after notice is given to the obligor.

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Definitions:

Net Exports

The value of a country's total exports minus its total imports, representing the net trade of goods and services with other countries.

Net Capital Outflows

The value of domestic assets purchased by foreigners minus the value of foreign assets purchased by residents of a country.

GDP

Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.

Imports

Goods and services that are produced abroad and sold domestically