In 2010, Which of the Following Countries Was the Only

question 50

Multiple Choice

In 2010, which of the following countries was the only one having negative net export spending in GDP?

• A) China
• B) the United States
• C) France
• D) Germany

Calculate and interpret opportunity costs from given data to determine comparative advantages between countries.

Understand the effects of international trade on a country's net imports or exports based on world price and domestic demand and supply.

Explain the benefits and losses associated with tariffs and quotas on international trade.

Identify the conditions under which a country becomes an importer or exporter of a specific good.

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Definitions:

Multicellular Organisms

Organisms composed of many cells that are specialized to perform different functions, contributing to the organism's survival and functioning.

Plasmolysis

The process in which cells lose water in a hypertonic solution, causing the plasma membrane to pull away from the cell wall.

Plant Cells

Cells that are the basic structural and functional units of plants, characterized by a cell wall, chloroplasts, and a central vacuole.

Salts

Compounds formed from the ionic bonds between cations and anions, commonly resulting from the neutralization reaction of an acid and a base.