The Financial Account of the BOP Consists of Three Subaccounts

question 26

Multiple Choice

The financial account of the BOP consists of three subaccounts: (1) U.S.-owned assets abroad, (2) foreign-owned assets in the U.S.,and (3) _____.

• A) a foreign direct investment
• B) a financial account
• C) a risk premium
• D) a balance of transfers
• E) net financial derivatives

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Definitions:

Ethical Issues

Challenges or situations that involve choosing between moral principles, where the right course of action is not immediately clear.

Succession Crisis

A situation where an organization faces significant challenges in identifying and preparing a successor for a key leadership role.

Charismatic Leader

A person who inspires and motivates followers through their personality, persuasiveness, and charm.

Rites

Ceremonial practices or rituals that are typically performed in a specific manner by organizations or cultural groups.