If the World Supply Curve Is S_W0

question 49

Multiple Choice

If the world supply curve is S_W0,

• A) there is a trade deficit.
• B) there is a trade surplus.
• C) trade is in balance.
• D) there is no trade.

---

Definitions:

Task Oriented

Refers to a focus and prioritization on carrying out specific tasks or achieving particular goals.

Responsible

Having an obligation to do something or the ability to act independently and make decisions without authorization.

Disciplined

Exhibiting self-control and behavior in accordance with rules or standards, often to achieve long-term goals.

Feared Self

An aspect of self-concept involving the representation of the person one is afraid of becoming, often including traits or characteristics viewed negatively.