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Quantitative Methods Are More Likely Than Qualitative Methods to Develop

question 2

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Quantitative methods are more likely than qualitative methods to develop precise and generalizable findings.


Definitions:

Balance of Payments

A record of all transactions made between entities in one country and the rest of the world over a specified period of time.

Local Governments

Administrative bodies governing smaller regions below the level of the state or central government, typically responsible for local policies and services.

Federal Government

A system of government where powers and responsibilities are divided between a national government and smaller regional governments.

U.S. Trade Balance

The difference between the monetary value of exports and imports of the United States over a specific time period.

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