If a Country Has a Trade Surplus, We Can Conclude

question 178

Multiple Choice

If a country has a trade surplus, we can conclude that it also has a:

• A) budget surplus.
• B) net capital outflow.
• C) net capital inflow.
• D) budget deficit.

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Definitions:

Theodore Simon

A French psychologist who, together with Alfred Binet, developed the first intelligence test known as the Binet-Simon scale.

Intelligence

The ability to acquire and apply knowledge and skills, involving processes such as reasoning, learning, and problem-solving.

Hereditary Genius

A concept suggesting that genius or exceptional ability is inherited genetically from one's ancestors.

Francis Galton

A British polymath who made significant contributions to fields like statistics, psychology, and genetics, often considered a pioneer in the study of human intelligence.