Which of the Following Is Correct

question 247

Multiple Choice

Which of the following is correct?
i.U.S.total surplus decreases when the United States exports a good.
ii.U.S.total surplus decreases when the United States imports a good.
iii.U.S.total surplus increases when the United States imports a good and when it exports a good.

• A) i only
• B) iii only
• C) i and ii
• D) ii only
• E) None of the above because the U.S. total surplus does not change as a result of trade

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Definitions:

Race

Historically, a group of people that was physically and genetically distinguished from other groups.

Gender

Socially constructed roles, behaviors, expressions, and identities of girls, women, boys, men, and gender diverse people.

Canadianization Movement

A cultural and political movement aimed at strengthening and promoting Canadian identity, values, and independence, particularly in media and education.

Political Economy

The study of the relationship between politics and economics, focusing on how political institutions, the political environment, and the economic system influence each other.