A Country Purchases $3 Billion of Foreign-Produced Goods and Services

question 13

Multiple Choice

A country purchases $3 billion of foreign-produced goods and services and sells $2 billion dollars of domestically produced goods and services to foreign countries.It has

• A)exports of $3 billion and a trade surplus of $1 billion.
• B)exports of $3 billion and a trade deficit of $1 billion.
• C)exports of $2 billion and a trade surplus of $1 billion.
• D)exports of $2 billion and a trade deficit of $1 billion.

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Definitions:

Decision-Based Evaluation (DBE) Model

A framework used to evaluate decisions by assessing their outcomes, processes, and impacts.

Evaluation Models

Frameworks or theories designed to assess the effectiveness and impact of programs, policies, or interventions.

Kirkpatrick's "Level One"

The first level of Kirkpatrick's model, which assesses participants' immediate reactions to a training program.

Training Managers

Individuals responsible for overseeing the training and development programs within an organization, ensuring they meet the needs of the employees and the business.