Two or More Objects Sharing Resources and Information or Computers,terminals,and

question 2

Multiple Choice

Two or more objects sharing resources and information or computers,terminals,and servers interconnected by communication channels is a definition of a

• A) local area network (LAN).
• B) wide area network (WAN).
• C) computer network.
• D) All of the above

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Definitions:

Exports

Goods or services sent from one country to another for sale or trade.

Quota

A trade limitation enforced by the government, restricting the quantity or financial value of products that can be exported or imported over a set timeframe.

Open-Economy Model

An economic model that considers the impact of trade and financial flows with other countries on the domestic economy.

Net Exports

The disparity between the total amount a country exports and the total amount it imports.