What Impact Does Import Substitution Have on the Balance of Payments

question 44

Multiple Choice

What impact does import substitution have on the balance of payments?

• A) Negative, balance of payments can deteriorate.
• B) Positive, balance of payments can improve.
• C) None, balance of payments does not change.
• D) Unpredictable, impact depends on the circumstances and imports.

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Definitions:

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a compendium of mental disorder criteria and classifications used by healthcare professionals.

Schizophrenia

Achronic brain disorder characterized by distorted thinking, perceptions, emotions, language, sense of self, and behavior.

Psychosis

A mental state where there is a loss of contact with reality, often featuring hallucinations, delusions, and impaired thinking.

Symptoms

The signs or indications of a disease or condition experienced by an individual.