Scarcity applies to both the rich and the poor
Indicate whether the statement is true or false
TRUE
Economics
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The difference between the value of a country's merchandise exports and merchandise imports is known as the balance: a. of payments
b. of trade. c. on current account. d. on capital account.
Economics
Whenever there is a deficit in the current account, the capital account: a. will be negative
b. will be positive. c. will be zero. d. could be negative, positive, or zero.
Economics