When the Trade Balance Is Zero

question 45

Multiple Choice

When the trade balance is zero,

• A) it means that no foreign countries wish to purchase your exports.
• B) your country is exporting more than it is importing.
• C) the economy is importing exactly as much as it exports.
• D) countries that owe you money for your exports still need to pay up.

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Definitions:

Social Change

The alteration in the social order of a society, encompassing changes in the nature, social institutions, social behaviors, or social relations of a society.

Mobilization

The process of assembling, organizing, and deploying resources, including people and infrastructure, for a specific purpose or action.

Ethnic Minorities

Demographic groups that are smaller in numbers within a larger community, nation, or region, often differing in culture, language, or religion from the majority.

Value-Added Theory

A theory in sociology that explains social movements' emergence based on the concept that certain conditions must exist in society for collective behavior to lead to a social movement.