In the Past, When the United States Enjoyed a Continuing

question 122

Multiple Choice

In the past, when the United States enjoyed a continuing trade surplus, wages in the United States

• A)were much lower than wages in countries that imported U.S.products.
• B)were much higher than wages in countries that imported U.S.products.
• C)were roughly the same as wages in countries that imported U.S.products.
• D)fell throughout that period, enabling the continuing trade surplus.
• E)rose throughout that period, ending the trade surplus.

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Definitions:

Argument's Premises

The foundational statements or propositions upon which an argument is based and from which conclusions are drawn.

Gambler's Fallacy

The erroneous belief that if something occurs more frequently than normal during a given period, it will happen less frequently in the future, or vice versa.

Legal Standards

Accepted principles that guide behavior and proceedings within legal cases.