What Is the Balance of Trade? Why Is It Important

question 7

Essay

What is the balance of trade? Why is it important? How does it affect domestic politics?

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Definitions:

Digitally Altered

Images or sounds that have been modified using digital technology.

Misinformation Effect

A memory distortion phenomenon where post-event information interferes with the memory of the original event.

Elizabeth Loftus

A cognitive psychologist known for her work on the malleability of human memory and the misinformation effect.

Smashed

Often used in psychology experiments to denote the influence of wording on memory; in general, refers to something being violently broken into pieces.