Which of the Following Statements Is True of the Balance

question 57

Multiple Choice

Which of the following statements is true of the balance of trade?

• A) Adopting mercantilistic policies always result in a balance of trade for countries.
• B) At no point in time can a country have a negative trade balance.
• C) As the global market is always balanced, individual countries do not need to maintain trade balances.
• D) Income disparities in a country can lead to a negative trade balance.

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Definitions:

Humanistic-Existential Model

A psychological approach that emphasizes individual experience, personal growth, and self-fulfillment, viewing humans as inherently good and motivated by the search for meaning.

Abstract Human Values

Fundamental beliefs that guide or motivate attitudes or actions, representing principles that people consider important across cultures.

Positive Psychology

A branch of psychology that focuses on the study of positive human functioning and promoting thriving on multiple levels.

Mental Hospital

A healthcare facility specializing in the treatment of individuals with mental health disorders.