As of 2002, What Is True About the Trade Status

question 9

Multiple Choice

As of 2002, what is true about the trade status of the United States?

• A) The U.S. imports more goods than it exports.
• B) The U.S. exports more goods than it imports.
• C) The U.S. does not import or export since it is in a free trade zone.
• D) The U.S. is not bound by trade treaties.

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Definitions:

Modernization Theory

A theory that argues that the development of nations follows a linear trajectory from traditional to modern systems of social, economic, and political organization.

National Work Ethic

The values and attitudes regarding work and labor that are characteristic of a particular country or culture.

Social Readjustment Rating Scale

A scale measuring stress levels in individuals by assigning numerical values to the amount of life change and adjustment required by different types of life events.

Cumulative Stress Levels

The overall level of stress accumulated over time, taking into account both chronic and acute stressors, potentially leading to significant health and psychological issues.