If a Country Is an Exporter of a Good,then It

question 33

Multiple Choice

If a country is an exporter of a good,then it must be the case that

• A)the world price is less than its domestic price.
• B)consumer surplus is higher than a no trade situation.
• C)the world price is greater than its domestic price.
• D)they used an infant-industry argument to protect its producers.

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Definitions:

Autonomic Arousal

The involuntary activation of the autonomic nervous system, leading to physical responses such as increased heart rate, sweating, or dilated pupils, commonly associated with emotions and stress.

Cognitive Interpretation

The mental process of assigning meaning to experiences, perceptions, and information, influencing one's reaction and understanding.

Cannon-Bard Theory

A theory of emotion that proposes emotions and physiological responses occur simultaneously and independently in response to a stimulus.

Autonomic Activation

The activation or response of the autonomic nervous system, including physiological changes such as heart rate and respiration rate, typically in reaction to stress or emotional arousal.