College Aptitude Tests, Such as the SAT, Were Designed to Measure

question 7

Multiple Choice

College aptitude tests, such as the SAT, were designed to measure ________ but actually measure ________.

• A) intelligence; aptitude
• B) achievement; aptitude
• C) developed abilities; performance
• D) inherited competencies; performance
• E) aptitude; intelligence

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Definitions:

Trade Agreements

Formal arrangements between countries to regulate tariffs, quotas, and other trade restrictions to facilitate and encourage international trade.

Trade Barriers

Government-imposed regulations such as tariffs, quotas, and embargoes that restrict the free flow of goods and services between countries.

Efficiency Loss

Losses in economic efficiency that occur when equilibrium for a good or a service is not achieved or is not achievable.