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If the Value of an Economy's Imports Exceeds the Value

question 152

True/False

If the value of an economy's imports exceeds the value of that economy's exports, then net exports is a negative number.

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Definitions:

Aggression

Behavior intended to harm or intimidate others, which can be physical, verbal, or psychological.

Equity

Fairness and justice in the distribution of resources and treatment of individuals within a society.

Rewards

Benefits, monetary or otherwise, given to individuals as recognition for their efforts, achievements, or behavior.

Costs

The expenditure of resources such as money, time, or effort required for a particular action or in exchange for something.

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