The Ability to Collect and Combine Sensory Data and Then

question 73

Multiple Choice

The ability to collect and combine sensory data and then construct information from it is ________.

• A) automated learning
• B) perception
• C) intelligence
• D) natural language

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Definitions:

Free-Trade Theories

Economic theories advocating for the elimination of barriers to the exchange of goods and services between nations, to encourage trade and economic growth.

Mercantilism

A trade theory which suggests that trade generates wealth for a country with a trade surplus, with emphasis on colonization and military conquest.

Interventionist Trade Theory

A theory suggesting that government intervention in international trade through policies and regulations is necessary to correct market failures and protect domestic industries.

Trade Surplus

Occurs when a country's exports exceed its imports, indicating a positive balance of trade.