According to Research by Balcetis and Dunning (2010), Participants Who

question 123

Multiple Choice

According to research by Balcetis and Dunning (2010) , participants who were thirsty

• A) estimated that a bottle of water across the table was closer than participants who were quenched estimated.
• B) estimated that a bottle of water across the table was farther than participants who were quenched estimated.
• C) drank more of a bottle of water than did participants who were quenched.
• D) made harsher judgments of a target person than did participants who were quenched.

Comprehend the factors contributing to trade surpluses and deficits.

Recognize the concepts of net exports, net capital outflow, and their implications for trade balance.

Identify the effects of transportation costs and trade barriers on international trade.

Distinguish between foreign direct investment and foreign portfolio investment.

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Definitions:

Discount Period

The time frame during which a bill or invoice can be paid at a reduced rate before full payment is required.

Marketable Securities

Investments that can be converted to cash on very short notice and provide at least a modest return.

Net Operating Working Capital

A measure of a company's liquidity that takes into account the difference between its operating current assets and its operating current liabilities.

Accounts Payable

Short-term liabilities of a company for goods and services received but not yet paid for.