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If the "net" or "overall" effect (which is the net result of the production and consumption effects) of a country's growth is "protrade" in nature, then the country's offer curve (with the export good on the horizontal axis) will shift or pivot __________; if the "net" or "overall" effect is "antitrade" in nature, then the country's offer curve (with the export good on the horizontal axis) __________.
Error
A mistake in recording transactions or in financial statements, often requiring adjustments or corrections.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure a company's bookkeeping system is mathematically correct.
Journalized
The process of recording financial transactions in a journal before they are posted to ledger accounts.
Trial Balance
A financial statement that lists all the balances of a company's general ledger accounts at a specific point in time, ensuring that debits equal credits.
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