Foreign Trade Will Have No Impact on Real GDP When

question 55

Multiple Choice

Foreign trade will have no impact on real GDP when

• A)exports exceed imports.
• B)exports equal imports.
• C)imports exceed exports.
• D)exports equal zero.

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Definitions:

Interrupted Time Series

An analytical method that assesses the impact of an intervention on a time series of data points.

True Experimental

A type of experimental design that includes a control group and random assignment to groups to test the effect of an intervention.

Cohort

A group of people born at about the same time and exposed to the same societal events; cohort effects are confounded with age in a cross-sectional study.

Developmental Research

The study of changes in behavior or abilities over time, often focusing on children as they grow and develop.