If a Country Buys More Goods and Services Than It

question 57

Multiple Choice

If a country buys more goods and services than it sells over a specified period of time,it has a _____.

• A)trade surplus
• B)trade deficit
• C)unfavorable balance of payments
• D)favorable balance of trade

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Definitions:

Semiotics

The study of signs and symbols, their interpretation, and their use in communication.

Signs and Meaning

The study of how signs (anything that represents something else) convey meaning, both in language and in other forms of communication.

Narrative Analysis

The study of the formal properties of stories that people tell. It generally attempts to identify such aspects as plot, setting, characters, and order of events.

Stories People Tell

The narratives shared by individuals, often studied in qualitative research to gain insights into beliefs, experiences, and social dynamics.