A Favorable Balance of Trade Occurs When

question 120

Multiple Choice

A favorable balance of trade occurs when:

• A) exports equal imports.
• B) the balance of payments balances.
• C) the current and capital account in the BOP are equal.
• D) the value of the exports of goods exceeds the value of the imports of goods.
• E) the value of the exports of goods is less than the value of the imports of goods .

---

Definitions:

Bench Bleeding

A procedure used to remove air from within a new or serviced hydraulic brake component, such as a master cylinder, performed on a workbench before installation in a vehicle.

Manual Bleeding

Typically a two-person procedure in which a helper pumps the brakes while a technician opens and closes the bleeder screws.

Internally Leak

A condition where fluid or gas leaks within a system, such as in an engine or transmission, which may not immediately be visible outside but can affect performance and lead to damage.

Externally Leak

A situation where fluids escape from their intended system through cracks, loose connections, or damaged components, visible on the exterior of the machinery.