An Unfavourable Balance of Trade Occurs When the Value Of

question 123

Multiple Choice

An unfavourable balance of trade occurs when the value of:

• A)imports equals the value of exports.
• B)cash inflows are equal to the value of cash outflows.
• C)exports exceed the value of imports.
• D)imports exceeds the value of exports.

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Definitions:

Proximity

A Gestalt principle of perception; the tendency to perceive objects that are close to each other as part of the same grouping; physical or geographical nearness.

Acculturation

The process of cultural change and psychological change that results following meeting between cultures, including adopting the cultural traits or social patterns of another group.

Acculturative Stress

The psychological impact of adapting to a new culture, which may involve stress due to loss of social support systems, identity confusion, and facing discrimination.

Marginalized

Describes individuals or groups that are excluded, ignored, or relegated to the outer edge of society or a community.