In a Given Year, Country a Exported $12 Million Worth

question 35

Multiple Choice

In a given year, country A exported $12 million worth of goods to country B and $6 million worth of goods to country C; country B exported $4 million worth of goods to country A and $7 million worth of goods to country C; and country C exported $5 million worth of goods to country A and $2 million worth of goods to country B.
-According to Scenario 4-1, country B is running a: ____ with country A and a ____ with country C.

• A) trade deficit with country A and a trade surplus with country C.
• B) trade surplus with both countries A and C.
• C) trade surplus with country A and a trade deficit with country C.
• D) trade deficit with voth countries A and C.
• E) balanced trade with country A and a trade deficit with country C.

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Definitions:

Observational Learning

A learning process through watching others, retaining the information, and later replicating the behaviors that were observed.

Models

Representations, often simplified or idealized, used to explain, predict, or simulate complex systems or behaviors.

Real-world Concerns

Issues or problems that affect individuals, communities, or societies in practical, everyday life rather than theoretical contexts.

Negative Reinforcement

A behavioral principle where the removal of an unpleasant stimulus following a behavior makes the behavior more likely to occur in the future.