Suppose That Imports and Exports in an Industry Are Both

question 67

Short Answer

Suppose that imports and exports in an industry are both $100 million. If exports rise to $200 million, will the value of the industry's index of intra-industry trade rise, fall, or remain the same?

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Definitions:

True Self

The person you really are.

Freudian Slip

An unintentional error in speech or action that is interpreted as revealing subconscious thoughts or desires.

Conscious

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Ego

In psychoanalytic theory, the part of the personality that mediates between the conscious and unconscious and is responsible for reality testing and a sense of personal identity.