Explain the Difference Between Descriptive and Causal Hypotheses

question 42

Essay

Explain the difference between descriptive and causal hypotheses.

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Definitions:

Embargo

A quota that limits all forms of trade on entire categories of goods or services.

Quota

A quota is a statistical measure representing a fixed minimum or maximum number of a particular group of people allowed to do something, such as immigrating to a country, or a limit placed on trade.

Bilateral Trade Agreement

A trade deal between two countries to give each other preferential trade terms, reduced tariffs, and increased access to each other's markets.

Free Trade

The exchange of goods and services between countries without restrictive quotas, tariffs, or other barriers.