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List and Briefly Describe the Four Types of Balance of Payments

question 99

Essay

List and briefly describe the four types of balance of payments measures.


Definitions:

Intrigued

Having one's interest or curiosity greatly aroused.

Salivate

The secretion of saliva in the mouth by the salivary glands, often in response to the sight, smell, or taste of food.

Elicits

To draw out or bring forth a response or answer through various means.

UCS

Unconditioned Stimulus; in classical conditioning, it is something that naturally and automatically triggers a response without any learning needed.

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