Which of the Following Is NOT True About the Current

question 8

Multiple Choice

Which of the following is NOT true about the current account balance?

• A) It is the sum of the trade,services,income,and net transfers balance.
• B) China,France,Japan,and Singapore have consistently had current account surpluses over recent years.
• C) If foreign capital will not be available to finance the U.S.current account deficit,it can be predicted that the dollar will become stronger.
• D) The United States has had large account deficits in recent years.
• E) Countries with current account surpluses generally finance countries with current account deficits.

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Definitions:

Title VII

Part of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act

Landmark U.S. legislation that outlaws discrimination based on race, color, religion, sex, or national origin.

Illegal Employment

Refers to the hiring of workers in a manner that violates the employment laws, including child labor laws, minimum wage laws, or employing undocumented workers.

Perceived Illegal

Actions or practices that are viewed or interpreted by individuals or groups as being unlawful or unethical.