By the 1960s, All States Had Some Form of __________

question 12

Multiple Choice

By the 1960s, all states had some form of __________.

• A) crime lab
• B) fail proof safeguard for racial profiling
• C) state police
• D) none of the above

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Definitions:

Merchandise Balance

The difference in value between a country's imports and exports of goods.

Services Balance

The difference between a country's exports and imports of services.

Balance Of Trade

The difference between a country's exports and imports of goods.

Comparative Advantage

An economic principle that states that an entity (e.g., country, region, or individual) can produce a good at a lower opportunity cost compared to others, leading to more efficient trading possibilities.