If Japan Exports More Than It Imports

question 12

Multiple Choice

If Japan exports more than it imports,

• A) Japan's net exports are negative.
• B) Japan is running a trade deficit.
• C) Japan's net capital outflow must be positive.
• D) Japan's net capital outflow must be negative.

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Definitions:

Piaget's Stages

A theory outlining four stages of cognitive development in children, describing how their thinking evolves from simple to complex.

Sensorimotor

A developmental stage in infants where learning occurs through sensory experiences and manipulating objects, crucial for cognitive development.

Formal Operational

A stage in Piaget's theory of cognitive development where individuals learn to think abstractly, reason logically, and plan systematically.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched, a concept developed in infancy.