Which of the Following Is Most Likely to Cause a Trade

question 73

Multiple Choice

Which of the following is most likely to cause a trade deficit?

• A)When a country invests more on producing domestic goods than services
• B)When a country focuses on increasing the domestic output of one sector over another
• C)When a country focuses on long-term benefits than short-term gains
• D)When a country reduces taxes on imports
• E)When a country increases export of products and services

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Definitions:

Esteem Needs

A level in Maslow's hierarchy of needs that encompasses self-esteem, respect from others, status, and recognition, influencing motivation and psychological wellbeing.

Recognition

The acknowledgment or appreciation of someone's efforts, achievements, or qualities.

Organizational Climate

The collective perceptions, attitudes, and expectations that define the work environment of an organization.

Work Ethic

A set of moral principles a person uses in their job, often characterized by diligence, reliability, and responsibility.