Which of the Following Best Explains Why a Nation Like

question 158

Multiple Choice

Which of the following best explains why a nation like Canada or Japan would export a particular product or service?

• A) That nation has multinational companies
• B) That nation has an absolute advantage
• C) That nation has a positive balance of trade
• D) That nation has a negative balance of trade
• E) All of these

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Definitions:

Adler

Alfred Adler, an Austrian medical doctor, psychotherapist, and founder of the school of individual psychology.

Compensation

A strategy where individuals try to offset deficiencies or weaknesses by emphasizing strengths or excelling in other areas.

Persona

The aspect of someone's character that is presented to or perceived by others; a role or character adopted by an individual.

Jung

Carl Jung, a Swiss psychiatrist and psychoanalyst who founded analytical psychology.