When a Country Runs a Trade Deficit, It Does So

question 90

Multiple Choice

When a country runs a trade deficit, it does so by:

• A) borrowing from foreign countries or selling assets to them.
• B) borrowing from foreign countries or buying assets from them.
• C) lending to foreign countries or selling assets to them.
• D) lending to foreign countries or buying assets from them.

---

Definitions:

Two-tail

Pertains to hypothesis tests that consider extreme outcomes in both tails of the distribution, allowing for tests of deviation in two opposite directions.

7-point Scale

A survey response scale that offers seven possible answers, often used to measure opinion or intensity.

Significance Level

The probability threshold below which the null hypothesis is rejected in hypothesis testing, often denoted as alpha.

Taste Ratings

Evaluation scores given to food or drink items based on their flavor profiles and sensory appeal.