Matching Examine the Figure Below and Match Each Term with the the Letter

question 32

Multiple Choice

Matching
Examine the figure below and match each term with the letter to which it best corresponds.
-characteristic shared by all animals

• A)A
• B)B
• C)C
• D)D
• E)E
• F)F

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Definitions:

Trade Deficit

A condition in which the total cost of goods and services a country buys from abroad is greater than the total cost of goods and services it sells to other countries.

Trade Surplus

A trade surplus occurs when a country exports more goods and services than it imports, indicating a positive balance of trade.

Goods

Tangible items that are produced or manufactured and can be bought, sold, or traded.

Services

Intangible products that are produced and consumed at the same time, offering value without transferring ownership.