When a Country's Exports Exceed Its Imports

question 95

Multiple Choice

When a country's exports exceed its imports,

• A) it incurs a deficit in its balance of trade.
• B) the result is the trade feedback effect.
• C) it will try to rebalance its overall economy.
• D) it will attempt to engage in a trade war.
• E) it incurs a surplus in its balance of trade.

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Definitions:

Bipolar Disorder

This is a psychological disorder identified by severe changes in mood, spanning from very high (mania or hypomania) to very low (depression) emotional states.

Manic Episode

A period of abnormally elevated mood, energy, and activity levels, often associated with bipolar disorder.

Bipolar Disorder

A mental health condition marked by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).

Unipolar Episode

A period characterized by a persistent depressed mood or loss of interest in activities, without the mood swings associated with bipolar disorder.