If a Country's Exports Equal $500 Billion, While Its Imports

question 69

Multiple Choice

If a country's exports equal $500 billion, while its imports equal $750 billion, then the country's net exports equal _______ and the economy is experiencing a trade _______.

• A) - 250 billion, surplus.
• B) 250 billion, deficit
• C) 250 billion, balance
• D) - $250 billion, deficit

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Definitions:

Intrinsically Unethical

Refers to actions or behaviors that are inherently wrong or immoral by nature, regardless of context or consequences.

Branding

The marketing practice of creating a name, symbol, or design that identifies and differentiates a product or company from others.

Branding Strategy

A plan that involves the creation of a unique identity and image for a product or company in the market, aiming to differentiate it from competitors and build a loyal customer base.

Empowerment

The process of becoming stronger and more confident, especially in controlling one's life and claiming one's rights.