A Country's Trade Balance Is Positive When

question 43

Multiple Choice

A country's trade balance is positive when

• A) exports exceed imports.
• B) exports plus investment exceed imports plus domestic saving.
• C) imports exceed exports.
• D) imports plus domestic saving exceed exports plus investment.

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Definitions:

Self-sealing

Characterizes materials or devices capable of automatically closing or repairing themselves after being punctured or cut.

Free Ends

The extremities or terminals of a linear structure, such as a piece of DNA or a thread, that are not attached or bonded to anything else.

Hydrophobic

Characteristic of molecules that repel water; substances that are not easily soluble in water.

Hydrophilic

A term describing molecules or substances that have an affinity for water, making them capable of dissolving in or being wetted by water.