Which Is One of the Implications of Trade Deficits

question 100

Multiple Choice

Which is one of the implications of trade deficits?

• A)The success of businesses
• B)The import of more products
• C)The loss of jobs
• D)The export of more services
• E)A higher standard of living

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Definitions:

Valid Offer

An expression of willingness to enter into a contract on specified terms, made with the intention that it will become binding as soon as it is accepted by the person to whom it is addressed.

Invitation

A formal or polite request to attend an event or participate in something.

Propaganda Model

The assertion that media companies, as businesses, will transmit content that reflects their commercial interests.

Privileged Classes

Social groups granted special advantages or benefits by virtue of their position in the social hierarchy.