If We Import More Than We Export from the Rest

question 331

Multiple Choice

If we import more than we export from the rest of the world we

• A) are running a trade surplus.
• B) are helping to finance investment in the rest of the world.
• C) must borrow an equal amount from the rest of the world.
• D) can lend an equal amount to the rest of the world.

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Definitions:

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.

Procedural Memory

A type of long-term memory that enables people to perform tasks without conscious awareness of the learning process, such as riding a bike or typing on a keyboard.

Semantic Memory

A component of long-term memory that processes ideas and concepts that are not drawn from personal experience.

Episodic Memory

The type of memory that deals with personal experiences and specific events, including time and place.