If in the Long Run, Imports Are Paid for by Exports

question 153

Multiple Choice

If in the long run, imports are paid for by exports, then

• A) any restriction of imports ultimately reduces exports.
• B) any restriction of imports ultimately expands exports.
• C) any restriction of imports has no impact on exports.
• D) any restriction of exports has no impact on imports.

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Definitions:

IRB

Institutional Review Board, a committee that reviews research proposals to ensure ethical standards are met, particularly in research involving human participants.

Ethical Issues

Concerns involving principles of right and wrong behavior, often arising in research, business, or interpersonal interactions.

Identifying People

A process or method used to recognize or establish who someone is.

Peer Review

The evaluation of work by one or more people of similar competence to the producers of the work, commonly used in academic and professional contexts.