When a Country Imports More Than It Exports, It Has

question 136

True/False

When a country imports more than it exports, it has a favourable balance of trade.

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Definitions:

Freud

Sigmund Freud, an Austrian neurologist who is the founder of psychoanalysis, a discipline concerned with the interplay of unconscious and conscious mind.

Personality

A unique set of emotional, thought, and behavioral patterns that define an individual.

Reality Principle

A concept in psychoanalytic theory where the ego manages the demands of the id and the external world by delaying gratification and dealing with the reality of situations.

Rational Means

Approaches or methods based on reason and logic rather than emotions or conventions.