In Addition to Factual Reports, Your Descriptions of the World

question 40

Multiple Choice

In addition to factual reports, your descriptions of the world may contain inferences based on factual information.Facts and inferences are designed to help you figure out what is actually happening; the purpose of ___________is to express your evaluation about what is happening.

• A)judgments
• B)perceptions
• C)knowing
• D)predictions

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Definitions:

Net Exports

The difference between what a country sells to others and what it buys, represented by exports minus imports.

Goods And Services

The products (goods) and activities (services) that are produced and provided to satisfy consumers' wants and needs.

Trade Balance

The difference between the monetary value of a nation's exports and imports over a certain period, indicating a surplus if exports exceed imports or a deficit otherwise.

Exports

Goods or services that are produced in one country and sold to buyers in another, contributing to the exporting country's economy.