By External Balance, Most Economists Mean

question 28

Multiple Choice

By external balance, most economists mean

• A) avoiding excessive imbalances in international payments.
• B) balance between exports and imports.
• C) balance between the trade and service accounts.
• D) what amounts to fixed exchange rates.
• E) imbalance in internal transactions.

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Definitions:

Indiscriminately

Done without careful judgment or selective consideration, affecting or applying to many without distinction.

Continuing Desire

An ongoing longing or wish for someone or something, potentially driving motivation and actions.

Seething Cauldron

An intense situation filled with strong and possibly violent emotions, akin to a pot boiling over.

Unconscious Urges

Hidden, primal desires and impulses that influence behavior and thought processes, often without the individual's awareness.