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What is the significance of the external sector in a countrys economy?a)It is irrelevant to the countrys economic performance.b)It mainly concerns the cultural exchange between nations.c)It involves trade and capital flows that significantly affect economic stability and growth.d)It focuses exclusively on the exchange of services.Correct answer is option 'C'. Can you explain this answer? for Humanities/Arts 2024 is part of Humanities/Arts preparation. The Question and answers have been prepared according to the Humanities/Arts exam syllabus. Information about What is the significance of the external sector in a countrys economy?a)It is irrelevant to the countrys economic performance.b)It mainly concerns the cultural exchange between nations.c)It involves trade and capital flows that significantly affect economic stability and growth.d)It focuses exclusively on the exchange of services.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Humanities/Arts 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the significance of the external sector in a countrys economy?a)It is irrelevant to the countrys economic performance.b)It mainly concerns the cultural exchange between nations.c)It involves trade and capital flows that significantly affect economic stability and growth.d)It focuses exclusively on the exchange of services.Correct answer is option 'C'. Can you explain this answer?.

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