If a country has a large deficit in its current account
A) it has a large surplus in its financial account.
B) it exports more than it imports.
C) it is a net creditor to the rest of the world.
D) None of the above are necessarily true.
A
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Which type of funding is very controversial, and is widely criticized for serving the geopolitical needs of donors instead of assisting poor nations?
a. concessionary loans b. microloans c. multilateral aid d. bilateral foreign aid
Your neighbor has just planted some fragrant flowers. The wonderful scent drifts into your room and makes you happy
A) This scent is an internal cost to you. B) This cannot be an externality since you are enjoying the scent. C) This is an externality since you get a benefit from your neighbor's flowers. D) The social cost of this activity is entirely borne by you neighbor.