Assume That a Country Currently Has a Trade Surplus

question 50

Multiple Choice

Assume that a country currently has a trade surplus.If that country experiences an expansion in economic activity,what would we expect to happen to the trade surplus?

• A) Nothing,because expansions do not impact the trade surplus.
• B) Imports tend to be higher during this time,which decreases the trade surplus.
• C) Exports tend to be lower during this time,which increases the trade surplus.
• D) Exports tend to be higher during this time,which decreases the trade surplus.
• E) Imports tend to be lower during this time,which increases the trade surplus.

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Definitions:

History-Graded Influences

Events or societal changes that impact cohorts differently, depending on their periods of birth, affecting individuals' development and experiences.

Sensitive Periods

Specific times in an individual's development during which they are more responsive to certain types of environmental stimuli or learning.

Critical Periods

Specific times during organism development when the organism is particularly susceptible to certain environmental stimuli or experiences.

Scientific Method

The process of posing and answering questions using careful, controlled techniques that include systematic, orderly observation and the collection of data.