Other Things Constant, If Exports Rise While Imports Fall, Then

question 96

Multiple Choice

Other things constant, if exports rise while imports fall, then:

• A) the trade deficit rises.
• B) the trade deficit as a percent of GDP rises.
• C) the trade deficit as a percent of GDP falls.
• D) tariffs will increase.

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Definitions:

REBT

Rational Emotive Behavior Therapy (REBT) is a form of cognitive-behavioral therapy (CBT) that focuses on identifying irrational beliefs, challenging these beliefs, and replacing them with more rational and adaptive thoughts.

CBT

Cognitive Behavioral Therapy, a type of psychotherapy that helps individuals manage their problems by changing the way they think and behave.

Trigger

A stimulus that initiates a reaction or process, often used to describe events or conditions that lead to an undesired response, such as substance use.

Cognitive Model

A theoretical framework used in psychology that emphasizes the role of mental processes in understanding and responding to the world.