Which of the Following Statements Is True of the Balance

question 57

Multiple Choice

Which of the following statements is true of the balance of trade?

• A) Adopting mercantilistic policies always result in a balance of trade for countries.
• B) At no point in time can a country have a negative trade balance.
• C) As the global market is always balanced, individual countries do not need to maintain trade balances.
• D) Income disparities in a country can lead to a negative trade balance.

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An increase or addition in the scope, reach, or resources allocated to a marketing or advertising campaign.

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The process of using imagination and creativity to produce original and innovative designs for a wide range of applications.

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A promotional statement or claim that is subjective, exaggerating the virtues of a product or service, without intending to be taken literally.