A Fall in the Relative Prices of a Country's Exports

question 57

True/False

A fall in the relative prices of a country's exports tends to increase that country's net exports, and, thereby, to raise its real GDP.

---

Definitions:

!Kung Child

Refers to children of the !Kung people, an indigenous group living in the Kalahari Desert, known for their unique social and cultural practices.

IQ Test

A standardized test designed to measure human intelligence and cognitive abilities in relation to an age-based average score.

Translation

The process of converting text or speech from one language into another, aiming for equivalence in meaning.

Intelligence Quotient

A score derived from standardized tests designed to measure human intelligence.