In an Open Economy

question 44

Multiple Choice

In an open economy:

• A) a trade deficit is always good.
• B) a trade deficit is always bad.
• C) a trade deficit may be good or bad.
• D) a trade surplus is always bad.

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Definitions:

Rapid Speech

Speech that is faster than normal, which can be a symptom of certain medical conditions or nervous excitement.

Flight of Ideas

A rapid flow of thought, often manifesting as a symptom in conditions like bipolar disorder, characterized by rapid topic changes.

Echolalia

The repetition of words or phrases spoken by others, a speech pattern often found in people with autism and certain other conditions.

Clanging

A pattern of speech where the choice of words is governed by sound rather than meaning, typically noticed in psychiatric conditions.